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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 58.05-0.6%Dec 19 3:59 PM EST

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To: BigShoulders who wrote (6230)6/7/2001 8:25:10 AM
From: Kevin Podsiadlik   of 6439
 
Looks like you're right, another report I read said the real PE was something more like 30. Interestingly, that same site mentioned some weird rumor of a "grey market" in Europe for Kraft IPO shares, site unseen of what the actual IPO price will be.

On the other issue... boy, the Silly State went and did it again, didn't they? Get lung cancer, spend the last year of your life as the next Bill Gates. I'm surprised they didn't order MO to solve the state's electricity problem for them while they were at it. The chance they actually get stuck for the 3 Bs is pretty much zero in my book, so my gut says this blip gets bought heavily once we open.
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