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


To: Brian Malloy who wrote (2029)7/29/1998 7:13:00 PM
From: Rarebird  Respond to of 6439
 
Brian, your right on the money! This rally, which is still in its early stages, is primarily a Rally which pays homage to MO's great fundamentals and steady earnings growth. With the cloud of punitive legislation having passed and Slick in big trouble, Investors can now focus on one of the Great Companies of all Time! There is plenty of good news that is not out yet here: Share Repurchase, Dividend increase, and a potential settlement on Big Tobacco's terms! We are at the beginning of a Renaissance for MO! We should encounter some initial resistance at $45, but that will be broken too on the way to new highs. The upside reward from these levels is great. Under $40 MO was selling as if was going out of business. The stock is DIRT CHEAP at these levels!



To: Brian Malloy who wrote (2029)7/30/1998 7:50:00 AM
From: Rarebird  Read Replies (2) | Respond to of 6439
 
* " Tobacco Companies Closing in On Deal With State Attorney Generals for 196 Billion to resolve remaining state law suits" * : From Bloomberg Business Radio 7:30 am EST 07/30/98. North Carolina's Attorney General says great progress has been made to overcome the obstacles involved.



To: Brian Malloy who wrote (2029)7/30/1998 8:10:00 AM
From: Geoff  Respond to of 6439
 
Brian,

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.


I think that point 1 is indirectly related to MO in quite a strong way because people with psychiatric problems tend to smoke, drink and eat more!

Thank God we're the sane ones with mo MO!

later,

geoff



To: Brian Malloy who wrote (2029)7/30/1998 3:07:00 PM
From: sea_biscuit  Respond to of 6439
 
Even if point #4 doesn't work out, and people continue to eat out, they can only afford junk food when times are bad, and I've got that nicely covered -- I own shares in another great company -- MCD!

Plus there is the other one that stays out of the limelight but quietly keeps raking in huge profits year after year after year... SYY.

Best wishes to all fellow MO shareholders.

Dipy.