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

To: Paul Shread who wrote (2525)	10/22/1998 10:57:00 AM
From: Geoff	Read Replies (5) \| Respond to of 6439

Normally I like upgrades, but the penguins are really making me think twice, I kind of like it when so many people are bearish on MO. We went up the last few months with very little attention, now: Zurich, Oct. 22 (Bloomberg Data) -- Philip Morris Companies Inc. (MO US) was reiterated "buy" by analyst Giusep Demont at Zuercher Kantonalbank. Demont expects an EPS of $3.2 for 1998, $3.58 for 1999 and $4.05 for 2000. St. Petersburg, Florida, Oct. 21, 1998 (Bloomberg) -- Ralph Bloch, chief market analyst at Raymond James & Associates, talks with Bloomberg's Andrew Bekoff via telephone about the outlook for the U.S. equity market, the impact of short-covering on the market and his stock recommendations. His Picks: technology stocks, Philip Morris, Caterpillar Princeton, NJ, Oct. 21 (Bloomberg Data) -- Philip Morris Companies Inc. (MO US) was reiterated "buy" by analyst Martin Feldman at Salomon Smith Barney. The 12-month target price is $60.00 per share. And this is an interesting read - "What's going on overseas is certainly not a normal environment," said analyst Nick Truitt at Conseco Capital Management, which holds about 200,000 shares. "But if you look at some of the other consumer growth names -- like Coke and Gillette -- Philip Morris is putting up better numbers." More: news.com Perhaps I should be more thankful that MO is getting all this positive hype. My average cost turned out to be $2/share lower than I thought! Someone needs to buy high, and higher, while the rest of us just sit back and throw down a few Miller High Lifes (or would that be High Lives?). <GGG> Choo choo! geoff