Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Geoff who wrote (1336)	4/8/1998 2:43:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 6439

I think this is a good move by Reynolds, if congress doesn't act right then MO should join them and back away from the deal. You have to let your adversaries know that you are not a push over and can not be bullied. Congress is trying to shake down Tobacco for all they can get. Unfortunately, they have already planned on and quite literally promised and spent their expected "windfall" on pork. They are greedy, they could care less about smoking as evidenced by the numbers of congressmen that we see smoking pipes and puffing on stogies. Why don't they tax the "high end-high classed" refined tobacco products for the wealthy like they do the common man's smokes? Greed will bring the congress to reevaluate their recent decisions to up the ante beyond reason. The need to get a deal and stand in front of a crowd looking for a slap on the back and a vote is what they are focused on. Congress does not have the moral fortitude or patience to wait while tobacco continues the battles in the court for another decade or so. Congress wants the money now, thus we will eventually get a tobacco agreement that is fair to all parties. IMHO