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 67.01

+1.7%

3:59 PM EST

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To: don kramer who wrote (2072)	8/14/1998 1:40:00 PM
From: Ian@SI	Read Replies (2) of 6439

Why do you believe it's worth 3 cents off of 2 Q? Do you think there are only 21M shares of MO outstanding? The after tax affect was $63M. What am I missing? Philip Morris revised its second-quarter earnings to include litigation charges of $103 million. The charge will reduce the company's earnings by $63 million, to $1.74 billion.

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