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


To: Ian@SI who wrote (1733)6/7/1998 7:30:00 AM
From: Rarebird  Read Replies (2) | Respond to of 6439
 
Friday was a good start: We bolted right up above the 50 day moving average. Again, the market environment and slowing economy, along with steady earnings growth, points to a major rally in MO this summer. But we need to get this Mcain bill off MO's neck first. Hopefully, we will be able to hold funeral services for the Mcain bill on the thread this week. If this Mcain bill DIES, watch out above! I foresee upgrades by Goldman Sachs, Merrill Lynch, along with a major share buy back and increased dividend by MO. Everyone who has been waiting on the sidelines for a verdict will get the Green Light to BUY!
On a more somber note, do we have enough votes in the Senate to continue the filibuster? A vote to limit debate comes to the Senate floor on Tuesday. Are there enough votes to defeat it?

GO BIG MO!