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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 (1518)5/7/1998 6:27:00 PM
From: AgAuUSA  Read Replies (2) | Respond to of 6439
 
<<Be patient and load up at these prices.>>

I'm long and willing to add more. Question is, will we retest $37? Or, is there something magic about that number that I should know?? Thanx!



To: Rarebird who wrote (1518)5/7/1998 7:44:00 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 6439
 
Rarebird,
Rep Meehan from Ma. is on C-SPAN talking about tobacco and the effort to produce and pass a bill before this session ends. There are about 30 days left to do this. His attitude seems to be to punish the tobacco's and collect money from them to fund many programs and even use billions to pay down the national debt. The main opposition is from people and groups that look upon this as more government encroachment into business and our lives. No one seems to be talking about the millions of shareholders who hold tobacco stocks and depend on the dividends for income. Millions of shareholders who vote.
CD



To: Rarebird who wrote (1518)5/7/1998 8:28:00 PM
From: Tony D.  Read Replies (2) | Respond to of 6439
 
I am not sure but didn't MO recently (1-2 months) state that they would NOT increase the dividend or increase share buyback. If so, maybe they just don't want to give the impression that they have extra cash floating around?

Thanks,

Tony D.



To: Rarebird who wrote (1518)5/7/1998 8:40:00 PM
From: G.F.  Respond to of 6439
 
It's good to hear such support for the company. I feel the same way and I think MO knows it. The cynicism associated with the government these days is justified. I look at MO, in a way, like the president (I know, I know but listen) Everyone knows what the company did and also that everyone knew what was going on when they were smoking 3 packs a day. It might not have been said outright, but nearly everyone alive today knew that smoking was causing lung cancer. Just like the President was catching hummers. No body gives a damn about the so called victims here cause they knew what they were doing when they were doing it. ooo oww awt I eean

Just an opinion

GF