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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)
MO 65.17+1.6%Feb 4 3:59 PM EST
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To: Maven who wrote (3629)4/10/1999 12:29:00 PM
From: S. M. SAIFEE  Read Replies (1) of 6439
 
I also bought Jan 2001 leaps at 6 1/4 and sold April 35 puts @ 1 3/8.. May be we are seeing bottom @ 35. Valuations are too compelling to go down further... I think investor will get used to individual law suits and outragiuos judgement..until MO really pays any of them...very unlikely.
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