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


To: Frank Ellis Morris who wrote (6351)11/12/2002 4:23:51 PM
From: Paul Senior  Respond to of 6439
 
I'm buying a little RJR too. Here the div. yield is now over 10%.



To: Frank Ellis Morris who wrote (6351)11/21/2002 8:25:50 PM
From: Paul Senior  Read Replies (1) | Respond to of 6439
 
And I'll add a little more MO today as stock continues to drop. The stock may be dropping if investors are fearing the EU parliament vote on banning smoking adverts. If I recall correctly, the ban on advertising in the US was supposed to hurt MO (reduce demand for smokes), but investors found it helped the bottom line as large advertising expenses were reduced substantially for all tobacco companies. Maybe this will be so if/when the EU issues their ban.

just ruminating,

Paul Senior...
and I've been wrong many, many times