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 58.32

+1.8%

Nov 25 3:59 PM EST

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To: RWilson who wrote (1414)	4/16/1998 11:07:00 AM
From: Rarebird	Read Replies (1) of 6439

" I haven't heard one thing that will drive up the PE- and which will make the shares more compelling to buy -besides litigation relief". You may get consolidation in the tobacco industry as a result of the possible settlement. As you already know, MO has just begun to downsize. I think it's possible- but it's a mere speculative thought at the moment- that MO may ultimately emerge with a virtual monopoly in the tobacco industry. It may not be in RN's interest to go it alone after the terms of a settlement are possibly reached. " There is no cash on the table as the companies involved have walked away from the June 97 settlement deal ". I think you know who walked away from that deal! In my view, that was a mere negotiating ploy to let Congress know that enough is enough and they should get back to reality.

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