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

To: Geoff who wrote (1749)	6/9/1998 12:37:00 AM
From: mike zeltser	Read Replies (1) \| Respond to of 6439

From www.tobacco.org---- "We believe investors are not paying attention to the fact that absent the McCain bill, we are back to a pre-settlement exogenous environment, but with the most onerous state Medicaid suits -- MS, FL, and MN -- settled for essentially a $.20/pack price hike, which also funded a 25% increase in industry marketing spending to build brand momentum for the post-settlement environment . . . Our view remains that if the McCain bill unravels next week, we could see Senator McCain and Assistant Senate Majority Leader Nickles team up to try to pass a narrow drug/tobacco bill" June 5, 1998 Gary Black Report