Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 58.69

+0.6%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Geoff who wrote (2383)	9/23/1998 8:06:00 PM
From: billy d	Read Replies (1) of 6439

I added to my position today. I personally think that the move today in the general market is a bull trap. Greenspan may cut rates but it won't be enough to rescue earnings for atleast the next two quarters. It almost seems to me that MO will do better if the market goes down or stays flat. It is a great defensive play and I still think thats where the money will be going. Greenspan also said that the "contagian" seems to be getting worse. I think alot of investors are ignoring that. Deflation looks imminent to me. Does the fact that MO increased their dividend a few weeks ago signal confidence that a settlement may be on the horizon or do they just have a ton of cash? Any input appreciated.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next