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

To: Weekapaug who wrote (1915)	7/10/1998 1:36:00 PM
From: md1derful	Read Replies (2) \| Respond to of 6439

Week: My understanding is that the stock is at historical lows in terms of valuations, so I own a lot of Jan 00 leaps...I also play the stock short term by shorting puts and rarely going long the calls. I went long the July 40 calls, after the tobacco bill died, thinking that this would give a big boost to the stock, but alas, the stock seems incapable of breaking 40 in the short term. Good luck.