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

To: John Carpenter who wrote (1492)4/29/1998 10:55:00 PM
From: John Morelli  Read Replies (1) | Respond to of 6439
 
You are probably wrong to sell MO.

Prediction: The government will get its pound of flesh. It will score some political points with the public. It will of course accomplish little to reduce smoking. The passing cavalcade of politicians will move on to the next topical issue. MO will recover and then thrive in the long run.

I believe, absent domestic tobacco, MO is still worth north of $30.


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