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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Cheeky Kid who wrote (65610)1/4/2001 1:03:33 AM
From: Kevin Podsiadlik  Read Replies (3) of 122087
 
If your moral code does not allow you to own MO, that is a respectable enough decision, but keep in mind there's a LOT of issues which make MO a very special case, and as such not so terribly desirable as a short target. And I'm not even talking about MO's very substantial non-tobacco businesses (but since I've mentioned it, have you ever heard of Kraft?)

The tobacco companies are unlikely to go out of business or even be seriously hurt anytime soon, for the simple reason that, for all of its bluster about the evils of tobacco, your Federal Government and mine (and this now goes for many state governments as well) makes far too much money off of tobacco (more even than the tobacco companies themselves) to kill or allow the product to be killed without one hell of a fight.
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