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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (19532)1/27/2000 11:58:00 AM
From: Bucky Katt  Read Replies (2) of 57584
 
Indvidual smokers have brought the tobacco industry to it's knees? You gotta be kidding. All those taxes and costs are a pass through, they are showing higher profits. And smokers are paying the bill for all those govt. lawsuits, and for all those fat do nothing lawyers that feed off the smoking feed trough.
Wait untill they start suing fast food for those health costs. Now that is obscene.

>Philip Morris Cos. Inc.'s profit edged up 2.7 percent in the fourth quarter as higher prices boosted results from its industry-leading U.S. tobacco business even though it sold fewer cigarettes.

The maker of the top-selling Marlboro brand also reported improved performances from its Kraft food business and its Miller Brewing unit.<

Check who was the first head of the SEC. Reputed to be the biggest manipulator of his time. One of his offspring is a senator.

I can answer all your market worries in a simple Latin phrase that is thousands of years old, CAVEAT EMPTOR

And for everthing else, SAPERE AUDE (dare to be wise)
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