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

To: Ralph Bergmann who wrote (2231)	8/31/1998 4:41:00 PM
From: Geoff	Read Replies (1) \| Respond to of 6439

I agree Ralph. All this selling will inevitably lead to buying. I'd imagine a few more explosive selling sprees, then the selling will cease as buying consumes all. The little guys, the complacent, the sellers will have let the mutual funds et al go on one of the best buying sprees of the modern era, IMHO. With all the cash that is piled up on the sidelines, even selling into the rally couldn't keep it down. Plus, there is a breakpoint, where people are no longer willing to sell. later, geoff

To: Ralph Bergmann who wrote (2231)	8/31/1998 4:41:00 PM
From: Ralph Bergmann	Respond to of 6439

After hours more than 1 million shares were traded. Mo has a really strong support. Big T has fallen more than 5$ What a blood bath today. Ralph

To: Ralph Bergmann who wrote (2231)	8/31/1998 11:30:00 PM
From: Geoff	Read Replies (2) \| Respond to of 6439

The silence here is of great comfort today. It shows me that we MO longs understand something that many other investors do not. That the key to profitable investing is not what the market does in afterhours trading, at the open, tomorrow at midday, or next week, but what it does over the next few+ years! I'm so sick of CNBC et al making us crazy by making us worry about what's going to happen tomorrow, on Monday morning, etc. Day-to-day may be a fun way to live life, but not to invest, IMO. later, geoff