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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (9825)	2/1/2000 12:58:00 AM
From: jeffbas	Read Replies (1) of 78476

Jim, on tobacco risk, government can sometimes choose not to be colossally stupid. Jurors in courts have less flexibility. If court decisions start going the way of asbestos, what NY is doing on bonds doesn't seem too relevant. If it was proven to me that nicotine was known by the companies to be addictive and the product cancer-causing, I might have a tough time myself as a juror finding the Warning Label on a pack adequate warning and use of the product totally the responsibility of the user. Isn't that where we now are?

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