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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 59.19-0.2%Dec 17 3:59 PM EST

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To: md1derful who wrote (6374)5/25/2003 7:19:17 AM
From: Demetre Deliyanakis  Read Replies (3) of 6439
 
Good to see some action on the board.

I am very happy with MO's performance. It was recommended on WSW on friday night by John Kim with a target of $55.

MO will benefit from the Engle decision,fall in US dollar,lower tax on dividends,etc...

The states may be tempted to continue to increase excise tax on cigarettes, but I believe that this will only lead to increased smuggling from low tax jurisdictions.

Cheers

Demetre
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