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Non-Tech : Phlip Morris (MO) is a BUY now

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To: Patsy Collins who wrote (25)3/13/1997 6:38:00 PM
From: Lyle Abramowitz   of 41
 
Hi Patsy,

I've used the same analogy about coronary patients suing MCD. Obviously, lawyers and the states are greedily eyeing the potential payout in these suits.

I was lucky enough to have sold my leaps on Tuesday at the high--I'd needed to roll into 99s anyway and wanted to do it before the split. I see some further weakness in the Dow due to interest rate worries. IMO, either the Fed will tighten or is pretending they will--either way the effect on the market's the same.

Do you have any idea what a good re-entry point is?

Lyle
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