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 62.27

+0.4%

3:59 PM EST

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To: Rarebird who wrote (1962)	7/22/1998 4:17:00 PM
From: Thomas Haegin	Read Replies (2) of 6439

Rare, it seems like one didn't need to be a genius to see that MO was cheap at around $38 recently. I think the biggest change from some months ago is that Federal Judges are issuing sensible verdicts. I'm not saying "tobacco friendly" but rather "rational". It may change again, but if not, the recent trend is encouraging for the tobacco industry. In the meantime MO overseas tobacco business is on fire. If only their international food ops. could get a bit of that glory. But I'm happy just the way it is. It is probably no news to you folks that some smar value investors like Robert Sanborn, Kurt Feuermann and Brian Rogers are holding MO, RNJ and the bunch... They are in good company <g>. Enjoying it, Thomas

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