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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?

To: Theo Karantsalis who wrote (4118)7/6/1999 4:22:00 PM
From: Theo Karantsalis  Read Replies (1) | Respond to of 6439
 
Philip Morris remains his largest holding and has been one of the Oakmark Fund's top performers since 1991, he said. "It's an absolutely premiere company that trades at one-fourth of what it should," due to its potential legal liabilities over the national tobacco-industry settlement.

But it remains a widely diversified company with top performers in nearly every sector, he said.


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