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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (16520)	3/2/2003 11:10:33 PM
From: Demetre Deliyanakis	Respond to of 78998

They own 84% of KFT which includes Nabisco and an economic interest of about 36% in SAB Miller. SAB Miller is the world's second largest brewer. In Canada, the governments raised tobacco taxes in the early 90's , to a level where a carton of 200 cigarettes cost 45$ CDN. The rise in smuggling forced the govt to cut prices to $28 CDN. The prices are now back to over 40$ CDN. People will buy smuggled Marlboros from Canada and Mexico if these prices stay at current levels in the U.S.