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

To: Geoff who wrote (2028)	7/29/1998 6:56:00 PM
From: Brian Malloy	Read Replies (4) \| Respond to of 6439

I think it is just a matter of people running to safety. Even with litigation hanging over MO it pays one hell of a dividend and it sells at a huge discount to the S&P. Among other things - when times get bad four things happen. 1. Psychiatric problems increase 2. People start smoking and or smoke more. 3. People start drinking and or drink more. 4. People cook and eat at home more. Points two through four go directly to MO's bottom line. Regards to all that have hung in there with MO. Let's sit back and enjoy this rally! Brian