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


To: Ralph Bergmann who wrote (4189)7/9/1999 12:28:00 AM
From: Lin Lee  Read Replies (1) | Respond to of 6439
 
Has management committed to how fast buyback would
happen? The typical buyback annoucement is often
of little value because the timeframe could be stretched
over numerous yrs. I'd like to see MO management
say while we believe stock is undervalued, we plan
to reduce shares outstanding by 3% a year.

... a somewhat frustrated MO owner ...