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

To: Rarebird who wrote (1870)	6/22/1998 5:25:00 PM
From: don kramer	Respond to of 6439

Rarebird, all TREAD, great news! Follow up WATCH the COURTS. dk

To: Rarebird who wrote (1870)	6/22/1998 6:25:00 PM
From: Geoff	Respond to of 6439

Tobacco shares climb after Fla. verdict reversal NEW YORK, June 22 (Reuters) - Shares of major U.S. tobacco companies rose in after-hours trading Monday on word of the reversal of a verdict against the industry in a smoking-related lawsuit. The decision by a Florida appeals court Monday overturned a 1996 ruling against Brown & Williamson Tobacco Corp. (quote from Yahoo! UK & Ireland: BATS.L) in a lawsuit brought on behalf of a sick smoker. The defeat had been the tobacco industry's first since a jury in 1988 awarded $400,000 to the family of Rose Cipollone of New Jersey. The 1988 award was also eventually overturned on appeal. Shares of Philip Morris Cos. Inc. (MO - news) rose to 40 in after-hours trading from 39 at the close of New York Stock Exchange trading, according to traders. RJR Nabisco Holdings Corp. (RN - news) climbed to 25-7/8 from an NYSE close of 24-15/16.