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


To: John Carpenter who wrote (3537)3/31/1999 9:02:00 PM
From: Mr_Merck  Read Replies (1) | Respond to of 6439
 
I think people miss the boat on MO...

Agreed,recent news does not bode well for Phillip Morris,but be assured that the company is strong.They are cash rich and much much more than a tobacco company.My guess is that MO will do what they have always done and raise cigarette prices enough to pay for recent court room losses.In the end the users will pay.