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


To: don kramer who wrote (1948)7/21/1998 8:51:00 AM
From: Geoff  Respond to of 6439
 
The estimates are for $0.82/share. I hope that MO beats the Street and that Greenspan decides to lower interest rates today at his Humphrey Hawkins address. Then we finally get good news that is unfettered by negative news (of some sort). I just wish that damn DRP bought more than once a month!

later,

geoff



To: don kramer who wrote (1948)7/22/1998 1:39:00 AM
From: Rarebird  Respond to of 6439
 
Don, I know you mean well, but a lot of people are wondering why MO can not break out above the 200 day moving average. The litigation front has not looked this good in a long while. Earnings have come in as expected in a very poor earnings environment. My wife, my mother, my brothers, my oldest son, some of my friends- all shareholders of MO- ask me every day about the dividend increase, the share repurchase, the settlement, the stock price. Yes, I know ? But that is not good enough for them and many other people! We all crave some upside action here. Patience can wear thin and cause frustration. Everyone is just waiting and waiting. It reminds me of the summer of 82 before the start of the bull market in August. We expected it to begin any day and the day it began was the day we gave up all hope!