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Non-Tech : Bill Wexler's Dog Pound
REFR 1.365-0.4%3:59 PM EST

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To: Bill Wexler who wrote (6004)1/12/2000 4:43:00 PM
From: Hank  Read Replies (1) of 10293
 
Bill,

I was interested to see your MO recommendation. I've been eyeing them with interest for some time myself. However, I don't think the litigation storm is over yet. Every time they settle one suit another one takes it's place. Interestingly, MO was mentioned in the last issue of Worth magazine as a stock to avoid. I can't remember the name of the analyst that made the comments but he gave MO a fair value of $20 a share. He also said that, because of the litigations, MO's 8% dividend was also in jeopardy. However, if MO dips significantly below $20, I may take a crack at some but it smells like another CPU-like trap to me right now.

Hank
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