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Non-Tech : DRIPs -- Dividend reinvestment plans

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To: HARRY KITAHATA who wrote (39)12/21/1996 10:17:00 AM
From: David Marsh   of 263
 
Harry: A very good selection of drips. Unless I missed one, I didn't see an energy drip. I like at least one big oil drip in my group. Mobil is my favorite but others like Exxon, Amoco, Texaco should do just as well over the long run. I noticed Philip Morris (MO) in your group. MO is one I wouldn't own. What with smoker's suits in the courts and the general negative trend away from tobacco (at least in this country) I would invest else where. I know MO is more than just tobacco but until they spin off tobacco into separate company, I wouldn't touch MO. Being an ex-smoker, I may be somewhat biased.
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