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

To: Rob Rob who wrote (1625)	5/19/1998 5:48:00 PM
From: Ian deSouza	Read Replies (1) \| Respond to of 6439

RR, I'm not sure I can adhere to most of your premises. As for MO food products, I see that the company can only raise the price of those items to what the market will bear. Other non-tobacco companies will not have to levy their product's prices to offset litigation and penalty costs, and so it would not be in MO's interest to raise cheese, coffee, etc prices. As far as the MSFT case, its a different case. MO's case in not an antitrust case - its related to hiding information that the public was entitled to know before making the decision to smoke. If the people who smoked in the 70s and 80s knew about the harmfully and addictive nature of tobacco, they might never have started. Look at the large number of people who wish to quit and yet have a hard time doing so now (due to the highly addictive nature of nicotine additives). It seems to me that this is a moral issue and a FDA issue that has a rightful place in the legislative process and the courts right now. BTW, stocks such as AZA (making products such as nicoderm) are doing pretty well....