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

To: Glenn Duncan who wrote (6036)	12/20/2000 11:49:25 AM
From: md1derful	Read Replies (2) \| Respond to of 6439

Glenn..a few points..first congrats on your brilliant investing...way to go...second I am only long the Jan 02's strike price of 30...so I'm going to have to exit at some point...as I bought these at around 1 3/4 and 2, I have a tremendous profit right now...what to do...well two clues...you are right about the upcoming ipo...as the street gets more and more wind of that, Ithink the pe multiples will expand...that is very bullish...second, you absolutely can't fight this awesome chart...let this baby ride for as long as the chart allows..once she breaks down and doesn't confirm a new high after that..perhaps us option types should readjust our strategies....for now stay put doc