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To: w0z who wrote (2353)12/29/1999 12:19:00 PM
From: Philip W. Dunton, Jr  Respond to of 3661
 
Steve, OT---Before you buy MO, check Briefing.com. One of their seven predictions for the new year is as follows:

<<Philip Morris (MO) Declares Bankruptcy: We said it before and we'll say it again. Tobacco giant will be forced into bankruptcy as legal tide continues to go against the industry. Despite large cash reserves, potential damages just too great. Management miscalculated mood of country/Congress - should have split off non-tobacco divisions years ago. It's too late now. We suspect management now busy developing its exit strategy. Cisco Systems (CSCO) will replace MO in the DJIA.>>