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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 (2340)	9/17/1998 9:34:00 PM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 6439

md1, The street is watching the previous cases and settlements being overturned in federal court. The states sold cigarettes in prisons and in state buildings (shared guilt), the states have collected billions in taxes on tobacco already, The federal courts have ruled that no class exists in tobacco class actions, each case is separate and therefore the states must file millions of cases to be reinbursed for the medical expenses of millions of people. The Clinton Administration dropped the ball on tobacco because of other more pressing issues (except cigars). MO is fairly valued at $65 without tobacco. I added to my position on today's pull back. cdaiseyPhD@tobacco-settlement-Yale.edu

To: md1derful who wrote (2340)	9/18/1998 8:16:00 PM
From: sean o'connor	Read Replies (2) \| Respond to of 6439

What anyone with any brains is ignoring is the fact that the only payouts tobacco companies have made has been the result of settlements. The states have no legal standing to sue. They are not the injured parties. Try as they might, the pissants cannot bring BIG MO down. You're not allowed to advertise, a billion $$$ falls to the bottom line. The only reason we advertised was to maintain market share. Without advertising, market share will remain more or less constant. You must raise prices, Oh hurt me more. The lifestyle Nazis are losers and they play a losing hand. Big MO a $40 stock paying a $2 dividend with much upside potential. I'm not, but if anyone is truly long term/risk averse, welcome home.