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

To: Ralph Bergmann who wrote (1360)	4/10/1998 7:34:00 AM
From: dper	Read Replies (2) \| Respond to of 6439

Here's a rather dreamy question: What stops MO from splitting its' tobacco and food divisions and moving the tobacco company overseas? Or to Bermuda? Would it still be liable to the ransom being asked in the Senate bill? And wouldn't walking away from American tobacco market be cheaper than the ransom? dper

To: Ralph Bergmann who wrote (1360)	4/10/1998 8:01:00 AM
From: Rarebird	Read Replies (1) \| Respond to of 6439

Ralph, of course, there is an outside chance that " the final outcome will be less than the 368 billion dollar as it was proclaimed in the original settlement". It's not likely, however, even if the tobacco industry wins in Minnesota. Why? To many lawsuits on the horizon and the tobacco industry cares more about future liability protection. Call it what you wish: ransom payment, a one time alimony settlement. The risk needs to be REMOVED from the stock price! Ultimately, MO can play greater hardball than the government here. MO is the one sitting with all that cash and they could ( if necessary ) temporarily cease domestic tobacco operations ( and still make alot of money ) and put this country in a frenzy. The ethical and moral question went out the window with a static stock price.