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


To: don kramer who wrote (1693)5/29/1998 9:45:00 AM
From: Ralph Bergmann  Read Replies (2) | Respond to of 6439
 
What you said was quite nice, but leaves still my question open how a spin off would work.
About the value of the food business there are different opinions. A few month ago I read an article about it on CNNfn and the business was valued app. 25$ per share.
If the tobacco business won't go bankrupt then the whole spin off would not make any sense.

Ralph