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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 61.91+1.4%Jan 23 9:30 AM EST
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To: md1derful who wrote (1906)7/9/1998 4:47:00 PM
From: Geoff  Read Replies (2) of 6439
 
New settlement talks! Gary Black said sources tell him that the industry will soon announce a settlement of all remaining state attorneys general claims at a cost of $180-200 billion over 25 years. He said he spoke to plaintiffs' attorneys, attorneys general and industry lawyers.

- US government would not get power to regulate nicotine
- Price increase of $0.35/pack
- Industry not punished if teen smoking is not reduced

later,

geoff
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