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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 62.27+0.4%Feb 2 3:59 PM EST

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To: Thomas Haegin who wrote (1965)7/23/1998 8:40:00 AM
From: Rarebird  Read Replies (1) of 6439
 
True, MO was real cheap, but there was a lot of risk with that McCain bill on the table. Only the die hard value players bought. I bought every day for a long while when it was under $40. But there were days I bought while I was bitting my lip and clenching my fists. Ultimately, I knew MO would prevail over Big Brother. If PFE did it in 93, I knew MO could also do it.
Interesting parallels: when I began to panic in 93 and got depressed and began to lose some faith, PFE turned around like MO yesterday. We have definitely turned the corner here. As I've said repeatedly before, no great gain without a lot of pain first.
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