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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 (2283)9/8/1998 3:48:00 PM
From: Geoff  Read Replies (1) | Respond to of 6439
 
Ah, today feels very nice, but I wish I had more money to buy last week. Up 358 on the last tick I saw, wow. This market is quite impressive, and the options are very profitable.

MO will close higher, don't worry. I think that investors just want to see the deal in writing, and signed by the states. We had a deal that was heralded as the beginning of a new age, "an historic event", but it collapsed. Many investors were nonetheless disheartened by that, and MO continues to remain in the "wait and see" mode. Upon such a settlement, the buying will be ferocious, as one of the most undervalued Blue Chips is no longer burdened by 46 state lawsuits.

what a day that will be.

geoff