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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 58.60+0.9%3:59 PM EST

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To: Xianming Liu who wrote (6107)2/1/2001 8:53:57 AM
From: md1derful  Read Replies (1) of 6439
 
XL: Yes the press did make a splash about the earnings miss altho most of the press reports were positive..I think you may have seen the exit of a little momemtum money yesterday and perhaps also, some of the money which thought earnings would beat the street, as I did..I was frankly surprised by the weakness in Europe, which many are saying is recovering these days....I was also a little disappointed in the forcast of dollar weakness against European currency as possibly adversly impacting MO this year too...if MO shows strenght over the next day or two, I may go long the Feb or Mar 45's as a repair strategy (strategery!!!)
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