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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 (6050)	12/21/2000 9:48:04 AM
From: md1derful	Read Replies (1) \| Respond to of 6439

Hi RB: Ya know, everybody is waiting for the big panic...Idon't think its going to happen....most of us are long term investors and we have learned to ride the ups and down...I have no problem watching this go down another 25%...really!!! first of all big mo is holding up the fort somewhat but really...the underlying us economy is sound and 20 years from now..this will be a small blip, I believe...the only ones who will panic will be the media and guru's....the public I believe is hurting big time, but just sucking it in...it is also helpful to learn how to play the other side of the market....namely usingoptions to protect and raise cash..this tends to blunt rapid portfolio swings, as it has helped a bit with me...still long mo..I'll let the board know when I adjust my option position doc