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: don kramer who wrote (2339)	9/17/1998 8:13:00 PM
From: md1derful	Read Replies (2) \| Respond to of 6439

dk: One final variable in this whole equation, has to be the class action suit in florida..they are seeking 500 BBBBillion..why does the street seem to ignore the consequences of a loss and a huge pay out...this certainly is on the order of the national settlement which served to drive the stock down to 35!!! What does the street seem to think will happen here or is the street just plain ignoring this looming huge lawsuit.

To: don kramer who wrote (2339)	9/19/1998 9:20:00 AM
From: Rarebird	Read Replies (2) \| Respond to of 6439

Don, great insight: " The States will not get .5 of what they think they are getting." In the realm of politics and big government, contracts or legal obligations are made to be broken or re-written especially when a friendly Republican Administration comes to power. In retrospect, I almost lost my mind during the Senate Hearings on the McCain bill. I kept on buying all the way down and I was so deep in the red on paper, like I was on PFE in 93. But deep down I knew MO would ultimately prevail and we would get a nice summer rally: Message 4893426 This rally has legs to it. MO is rising on very heavy volume. Congress adjourns October 7 for the midterm elections. A massive buy back by MO and another 10% dividend increase is expected in October. MO's management team is a powerhouse.