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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 63.00+1.8%3:59 PM EST
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To: Weekapaug who wrote (1915)7/10/1998 1:36:00 PM
From: md1derful  Read Replies (2) of 6439
 
Week: My understanding is that the stock is at historical lows in terms of valuations, so I own a lot of Jan 00 leaps...I also play the stock short term by shorting puts and rarely going long the calls. I went long the July 40 calls, after the tobacco bill died, thinking that this would give a big boost to the stock, but alas, the stock seems incapable of breaking 40 in the short term. Good luck.
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