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


To: md1derful who wrote (6240)6/12/2001 8:21:44 PM
From: BigShoulders  Read Replies (1) | Respond to of 6439
 
Kraft IPO priced at top of range, oversubscribed

cnnfn.cnn.com



To: md1derful who wrote (6240)6/13/2001 9:03:14 AM
From: Z Analyzer  Read Replies (1) | Respond to of 6439
 
My quick calculation indicated that MO without Kraft is selling at a P/E of about 9.3 versus 13 for Kraft. Do we have the 44% upside that this implies if Kraft ends up being spun off entirely or even if MO is valued at thesum of its parts? -Z