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 64.39

0.0%

Feb 10 3:59 PM EST

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To: md1derful who wrote (2227)	8/31/1998 3:14:00 PM
From: Geoff	Read Replies (2) of 6439

Like I said, this is all downside selling pressure right now. I am not sure if the buyers are present, on vacation still, or non-existant. I know people here have begun buying now that we've dipped below 8000. However, it looks like the bleeding will continue, at least for now. I am not sure, but at some point people are going to think, "Damn! This is cheap!" and begin a buying feast. I know I've seen a lot of companies I didn't have a chance of affording suddenly come well within my price range. Jesus, we just dropped down over 300 down today. Wow. This is impressive to watch, and a little scary. But, hopefully this will temper my shell for the future. best of luck, geoff

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