SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?


To: Benchman who wrote (1592)5/15/1998 10:57:00 PM
From: AgAuUSA  Read Replies (3) | Respond to of 6439
 
Here's a second bit of good news:

Just heard Michael Price comment on Wall Street Week. He heard a
"rumor" that Warren Buffett is buying MO. He stated he did not know how true the rumor is.

I have heard Buffett comment that few "bargains" exist in this market. Well, if the rumor is true, Buffet must consider MO to be a bargain value play. Sounds good.

I know that Buffett seeks value. I also know that Buffett has owned both MO and RN in the 60's to late 80's time period.

Also sounded like price had sold some MO and bot some RN. He made the point that a tobacco settlement situation is uncertain and this makes buyers nervous. He said it is a "tough situation."

Anyone know Price and how reliable this information is??