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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Robert Hoefer who wrote (6258)	3/9/1999 8:30:00 PM
From: John Stichnoth	Respond to of 78485

<The RJR breakup has not impressed the market apparently, since the stock is up only 0.12 for the day.> Any announcement of an RN breakup into food and tobacco units isn't new news. The company has always stated that that is their eventual aim, but has also stated that substantial legal obstacles prevent them doing so--referencing the tobacco litigation. A slight bounce seems to be in order--as seen the past few days--because the international sale makes a splitup more feasible. But it still doesn't remove the main problem. Just my thoughts (I once owned RN, which hasn't gone anywhere for years). JS