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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (9829)2/1/2000 6:49:00 PM
From: Archie Meeties  Read Replies (1) of 78468
 
OT
"It seems to me that tobacco is a natural product and unless they did something to it to make it more harmful..."

Well, that's exactly what they did.

Then they said under oath to congress that "Nicotine is not an addictive drug".

I agree that big tabacco is everybody's favorite whipping boy, and we're getting an indirect tax break through the addictions of our fellow human beings. But If you told me I'm passing up the value investment of the century, I'm still walking away and not looking back. I think a lot of investors believe similarly. These companies are not letting current problems stop them from expanding their presence in foreign countries - and do you think they're mentioning impotence, cancer, or vascular disease there if they don't have to?

BTW, Sugar, although not necessarily sucrose, is an absolutely necessary part of the diet. Glucose is the substrate of choice for the brain. Without it, I'd have a few minutes to live. Contrast this with a cigarette.
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