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

To: Joe Wesley who wrote (1623)	5/19/1998 10:32:00 AM
From: AgAuUSA	Respond to of 6439

<<Regardless of how this bill is passed soon afterward the tobacco companies will be protected from litigation so the revenue stream will be secured.>> Yes, yes, yes!! And the $ of the settlement will be paid by SMOKERS as a TAX on cig sales. I see basic cig costs to consumers rising in step with tax, and possibly WW. Anyone consider this tax may actually HELP these cos in the long run??? Its possible!! Good Luck!!

To: Joe Wesley who wrote (1623)	5/19/1998 10:36:00 AM
From: Rob Rob	Read Replies (1) \| Respond to of 6439

Amateur analyst, I agree with most of your points. But I don't see it as simply as the smokers will pay. Philip Morris is a diversified company with revenues coming from tobacco, food, and beverage. All consumers will feel the pinch because cheese, beer, coffee, salad dressing, etc. all can be raised a nickel, a dime, a quarter. You get my point I hope. We currently are in a non-inflationary environment, and I am beginning to feel like it will be the politicians that cause the next wave of inflation because of their idiotic and not to well hidden taxes. Look at the Microsoft fiasco. One option presented to MSFT is to stop providing their web browser for free. Now where does the consumer benefit by having to pay for something that is free. INFLATION. Breakup MA Bell they said so the consumer can benefit from competition. All I see are mergers in the Telecomm industry, not to mention an ever increasing phone bill for just basic service. I don't think I need to mention the cable industry. My point is, in a nation that supposedly stands for free enterprise and competition, we (citizens) stand idly by and allow our representatives to "screw things up" by meddling in the business environment. I'm all for fair competition but success does not make you an "evil empire". I believe if citizens were more proactive with their votes we would see a different attitude from our representatives. Rob Rob

To: Joe Wesley who wrote (1623)	5/19/1998 12:15:00 PM
From: capitalistbeatnik	Read Replies (1) \| Respond to of 6439

If I had a teenager, smoking would be the least of my concerns. If smoking kills him, it won't happen for fifty years. It doesn't kill kids, it cuts down their life span. I would be much more concerned to find out my kid were addicted to: hard drugs porno television heavy metal (which correlates with antisocial behavior) loitering bullying prescription drugs alcohol (especially) action adventure movies (male) trashy novels (female) If I were fifteen today, I would definitely smoke even though I am an adult nonsmoker. Sanctimonious baby boomers deserve to be rebelled against.