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


To: RWilson who wrote (1353)4/9/1998 1:50:00 PM
From: Ralph Bergmann  Read Replies (1) | Respond to of 6439
 
Sorry, but don't get your point.

Ralph



To: RWilson who wrote (1353)4/10/1998 10:24:00 AM
From: RWilson  Respond to of 6439
 
I meant that while tax revenues may not impact gross volume in a meaningful manner they certainly divert precious pricing power away from the shareholders.

If every meaningful price increase goes to satisfy governemnt what good does that offer shareholders?