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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 (1887)6/25/1998 7:42:00 PM
From: md1derful  Respond to of 6439
 
Rare: I agree...I think the defeat of the McCain bill should have seen the stock rewarded much more by the street...another explanation may be the wicked rotation of money into nasdaq and cable stocks in particular and out of consumer goods which occurred this week. This behavior characterizes aging bulls and I believe that with the next downdraft, money will return to this safe haven again. I, for one, increased my position via options big time in big mo after the bill was defeated and am waiting for paydirt!!! Good luck.



To: Rarebird who wrote (1887)6/25/1998 11:55:00 PM
From: Hopkins  Read Replies (1) | Respond to of 6439
 
Personally, I think as the baby boomers begin to retire they will move there assets out of pure growth stocks and funnel them into stocks that pay dividends and into companies that actually make money. Of course there are very few companies that make more money than our beloved MO.
HOPKINS