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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 61.99+3.7%3:59 PM EST
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To: Gary Korn who wrote (3556)4/4/1999 1:34:00 PM
From: S. M. SAIFEE  Read Replies (3) of 6439
 
Gary,

When you said covered call @ 35, I assume you already own the stock
and selling naked put means you want to add to your already long position. Any way I am long the stock @ average price of 37 and bought LEAPS 2001/35 @ 6 1/2... MO's price to revenue ration is 1s 1.1\very very low... compare to this to new comer and hot AOL... may be AOL should buy MO to enhance their cash flow.. just a thought.
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