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

To: md1derful who wrote (2059)	8/13/1998 8:26:00 AM
From: Rarebird	Respond to of 6439

MD, I'm very comfortable holding MO here- I'm only long 2 stocks- HBO & CO, the other. With a number of shorts, I've actually made good money over the last 3 weeks. I'd like to see MO hold above $40.875, to keep the recent uptrend intact. Unless we get a real economic global collapse ( a possibility ), I think MO will hold up just fine and rally into the low 50's. That is where my indicators are pointing. But in a Bear Market investors and traders tend to pull the trigger on the sell side fairly quickly WITHOUT THINKING! A settlement will be worked out.