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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 (5083)	11/14/1999 2:10:00 PM
From: don kramer	Read Replies (1) \| Respond to of 6439

Time spent studying the link in Theo's msg6083 WELL spent. I encourage you to make some concerted effort reading MO's Management discussion and analysis. The effort will reward you. I will highlight one line. MO has many legal defenses. Consistent with the Calano(96) decision...one particularly ironic and apt defense against the U.S. in civil suits suit is: (btw..you all must remember that the U.S. has already dropped the criminal actions which they were investigating. "UNCLEAN HANDS" (namely, that plaintiffs cannot obtain equitable relief because they participated in, and benefited from, the sale of cigarettes), The U.S. government with subsidiaries, sales taxes, IRS tax revenue...have you any example with more "unclean hands"?? It must be true that someday the inmates of this asylum we see all around us...will eventually be rounded up...and put back in there cells....until that day...hang tough. dk