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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 (2212)8/30/1998 10:40:00 PM
From: Rarebird  Respond to of 6439
 
At 9:00 p.m. this evening on Bloomberg Business radio in N.Y.C. , I heard an interview with Alan Abelson, the Merill Lynch tobacco analyst, discussing his outperform rating on MO. He said that the dividend increase was a strong statement by MO to enhance shareholder value and that he expected the share price to move up 15% ( including dividends ) a year. He also mentioned that he was eagerly awaiting for a settlement with the States on those Medicaid suits. Possible upgrade forthcoming?