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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 63.64+1.0%Jan 27 3:59 PM EST

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To: don kramer who wrote (3493)3/31/1999 7:40:00 AM
From: Ralph Bergmann  Read Replies (1) of 6439
 
Don, I can follow your argumentation, regardless that I do not like to hear it, I think your words are wise. Nevertheless, I don't see a material change after yesterdays decision. I see that the sentiment is very negative now, but I think it is rather clear that this verdict will be overturned on appeal. There will be always individual lawsuits which will be won and some will be lost. In average a fixed amount of money has to be paid by the company over the years to satisfy these lawsuits.
More important in my eyes is the federal lawsuit.

cnbc summary:
netcognizance.com
Ralph
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