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

To: Glenn Duncan who wrote (1479)	4/27/1998 8:13:00 AM
From: Geoff	Respond to of 6439

Glenn, I applaud your letter. Excellent! Long on MO!

To: Glenn Duncan who wrote (1479)	4/28/1998 8:06:00 PM
From: men mailman	Respond to of 6439

News is out that an out of court settlement is imminent by next week in the MINN. trial. This will put this issue to rest. (btw the industry says that the judge is biased there). This should put to rest some of the uncertainty regarding that trial. HOWEVER this news does not hit the wire, nor does the news about the cases thrown out in Iowa penn fla. It is also interesting how much news is being diverted to the tobacco issue the past few weeks. Some LIBERAL special interst group is doing a great job cooking up this storm, however it won't go on forever. a week or two from now this news barrage will end. As the MINN trial gets settled next week (which is a very positive thing for tobacco shareholders to put behind us) there won't be too much on the agenda for awhile. The congress will either come up with a decent bill BY JUNE 30 (publicized before somewhat) in comprimise (which of course will be put on to the pack of cigerettes or this issue will be off the table for a year at the least with a new congress in the fall. In any event the tobaccos will recover nicely from here on. BTW thanks to these special interests for getting the stock down to this excellent oppurtunity . Bought some more RN today at ecxcellent price. You cannot find another alltime blue chip dow stock with 7% yield & 9xeps. As to the shorts hope you short it here you will fuel the fire on the upside. Not too many sellers will be here since RN is at its 3 year low so any one selling is LOSING and for NO GOOD REASON.