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


To: MythMan who wrote (1766)6/10/1998 1:09:00 PM
From: Ian@SI  Respond to of 6439
 
Pete,

I'm the wrong guy to ask for short term timing info.

My entry into MO was at 44 about 8 months ago (almost the last time that it saw that price). I also added to my position at 38 about a week before it broke $35 on an intraday basis.

I'm comfortable holding MO, but I wouldn't try to guess where it might be within a week. If I were sitting with unrealized gains in options due to expire within a week, I think I'd be tempted to take some, if not all, of the money off the table.

FWIW,
Ian.