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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (15511)7/4/2001 10:19:22 PM
From: Mr_X  Respond to of 18998
 
Mr. P$#k,

Well, if you like Icahn, you should have a look at VGR. They have growing now a patented, genetically engineered, nicotine-free strain of tobacco. Will go to market next winter, uncer the new Omni brand. VGR has raised about $150 mil recently to market the new cigarettes. Obviously they don;t solve all the health issues of smoking, but nicotine is responsible for over half of the nastiness, and lots of people who quit fail because they are physically addicted to the habit of smoking. This gives them something to smoke while they wean themsleves off of nicotine. For what its worth, Le Bown claims every 1 per cent of the market above the first 1% translates into $100/share of stock price appreciation. And Carl Icahn's cost is around $32 form 2 months ago.



To: Mr. Pink who wrote (15511)7/4/2001 10:19:22 PM
From: Mr_X  Respond to of 18998
 
Mr. P$#k,

Well, if you like Icahn, you should have a look at VGR. They have growing now a patented, genetically engineered, nicotine-free strain of tobacco. Will go to market next winter, uncer the new Omni brand. VGR has raised about $150 mil recently to market the new cigarettes. Obviously they don;t solve all the health issues of smoking, but nicotine is responsible for over half of the nastiness, and lots of people who quit fail because they are physically addicted to the habit of smoking. This gives them something to smoke while they wean themsleves off of nicotine. For what its worth, Le Bown claims every 1 per cent of the market above the first 1% translates into $100/share of stock price appreciation. And Carl Icahn's cost is around $32 form 2 months ago.

Humbly,

Mr. X