Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 58.54

+0.8%

2:40 PM EST

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To: Xianming Liu who wrote (6148)	3/13/2001 8:58:47 PM
From: md1derful	Read Replies (1) of 6439

Xian: Yes, I agree...a few more thoughts..I would say that drug stocks have had a nice run earlier this year while tech stocks were crashing, so I'm not sure your observation about the drug-tech correlation is correct....Mo has always had a litigation drag, as you know...but this stock has been held for decades in many portfolios, including my family's...and I think as the bad publicity from litigation fades away, more aggressive and less socially conscious money will flow our way....this stock has had a nice run..many of us were in at 19 and have taken profits..that's not bad...the stock buyback program will continue to favor shareholder value and we should be in good shape for an attempt at an all time high....I, too, am not sure that 75 will be in the cards but 60 is doable this summer doc

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