Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: md1derful who wrote (2091)	8/16/1998 10:30:00 PM
From: Rarebird	Read Replies (1) \| Respond to of 6439

MD, I see a 5% downside risk if the Gov't does sue for a trillion. But keep in mind, this is a Medicare class action law suit that has as little merit as the ones that have been dismissed all summer. Actually, this potential suit has even less merit than the others. ( I'll explain why once the suit is filed ). The purpose of the suit, if filed, would be to prevent a settlement between the tobacco industry and the states and make the tobacco industry return to a Comprehensive National Settlement. Wouldn't it be interesting if the tobacco industry settled with the remaining 40 States regardless of the Federal class action law suit! The State Attorney Generals and the Tobacco Industry are fed up with the Federal Gov't ( they had their chance ) and they are going to make a DEAL here Regardless! I respectfully disagree. I think the stock would snap back quickly once investors realized the purpose of the Federal Lawsuit and its inability to prevent an agreement between BT and the States!