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Strategies & Market Trends : Roger's 1998 Short Picks

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To: tcarnes who wrote (2301)2/4/1998 11:18:00 PM
From: Roger A. Babb  Read Replies (2) of 18691
 
TJ, I am reluctant to take large tobacco shorts so long as we have a Republican Congress that is in their pocket. Their lobby is so powerful that the government will subsidize them if necessary and will likely grant them immunity from lawsuits, maybe even overturn ones they have already lost. But then I would not go long tobacco on ethical grounds.
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