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Non-Tech : Philip Morris (MO)
MO 57.32+1.1%Nov 4 3:59 PM EST

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To: Brooke Babington who wrote ()12/12/1996 10:52:00 AM
From: capitalistbeatnik   of 50
 
2 months ago I thought that this and IBM were the only real bargains in the DOW and I got in at 87. My target is 130 so there is still some room to go, although Id probably buy in again on a dip to 105. The PE is incredibly low for a co. that is growing as fast as Coke. the beer division needs to catch up, but food and tobacco are booming. If you eliminated the tobacco div completely, food and beer is still worth 125 a share.
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