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To: Larry S. who wrote (47646)	4/9/2003 8:47:07 AM
From: Larry S.	Read Replies (1) \| Respond to of 53068

Philip Morris may not have to post $12 bln bond-report (MO) By Allen Wan Philip Morris USA (MO) may not have to post a $12 billion bond before appealing a record verdict in a class-action lawsuit, the Associated Press reported. The judge who last month issued a record $10.1 billion verdict against the tobacco giant for allegedly tricking smokers over the dangers of 'light' cigarettes and had given it until April 21 to post the $12 billion bond said he believes a compromise is possible. Philip Morris has said that it could not post the bond amid payoffs for another $206 billion settlement back in 1998. 5:15am 04/09/03