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

To: billy d who wrote (2385)	9/23/1998 8:41:00 PM
From: md1derful	Read Replies (1) \| Respond to of 6439

Thread: The bearish posts are, of course enlightening, but they give me agita...I don't know about some of the bears opinions...clearly if one looks closely, this stock makes its significant moves only if settlement isin the air...its that simple, no settlement, no breakout...having said that I just don't see the pessimism in the stock that our bears see...she still remains very undervalued relative to a coke or most other dow components...she remains a great defensive play generating a great dividend and allowing very profitable option plays..all the tobacco haters are out of the stock, so one has to ask why the selling...technically we need to break out or we lose the technicians. Also with GS hinting at a rate cut, the small caps rise up and money flows there....also pure profit taking after a nice run up today...we should break out any day now, if it is to happen at all, if not down to low 40's again..and more option plays. See I'M not worried!!!