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

To: Rarebird who wrote (1515)	5/7/1998 10:42:00 AM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 6439

Rarebird, The tobacco companies were trying to get some sort of settlement so they could move on to other business. This was taken as a sign of weekness by congress so they started piling on. The bill became a "Christmas tree bill" with no chance of passing. The unknown is what's holding MO back at this juncture. CD

To: Rarebird who wrote (1515)	5/7/1998 10:43:00 AM
From: Geoff	Respond to of 6439

Here's a good chunk of the Bloomberg News article that I mentioned yesterday... POINT OF VIEW - 2: A POWERFUL CASE BUILT ON CO. DOCUMENTS (May 5, 1998) "Joseph L. Daly, a trial law professor at Hamline University School of Law in St. Paul, has what seems to be a widely held view: "I see tobacco lawyers not strongly asserting their clients' case," he said, and "blaming the judge and sometimes whining to the judge." "In some ways, they've given up." said Daly, who sat in on the trial more than two dozen times, often with some of his law students in tow. "I teach my law students: Don't depend on the judge. Don't be whining to the judge. Your job is to win, not to ask the referee to call foul, to blow the whistle or to get rid of himself," said Daly. "The reason (prosecutors) are winning is because they've unearthed some extremely damning documents that tobacco companies have hidden in their own files," said Daly. "They show lawyers potentially involved in fraud, themselves being part of anticompetitive activity, hiding and moving documents and potentially obstructing justice. ... Sitting in the back of the room, you can hear some of the visual and nonverbal moans and groans when those documents go up on the screen." The issue of targeting kids may be a compelling one for jurors, said Peter Thompson, another Hamline law professor who has followed the trial closely. "It's a much more powerful case thanhas been made in the past." The article goes on and references a few specific tobacco documents. I don't like the idea of our company's lawyers not giving it their all! I say MO fire their lawyers, and get new ones! We need to fight, not cry and whine! We need fighters, not crybabies and wimps. geoff