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$54.04 0.04 (0.07%)
9/8/2008 9:49 AM

Philip Morris International (PM)

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Avatar HatchingPlans (99.89) Submitted: 4/28/08 4:41 PM : Underperform Start Price: $50.98 PM Score: -16.61

Agriculture is shifting towards corn for ethanol, not only raising food prices but putting a pinch in other kinds of growers. I think tobacco will be hit with fewer growers and lower supplies, causing higher expenses for PM as well as higher prices for consumers.

Plus, I don't like the moral ground these guys are on. In the long run, this always seems to boomerang back around and smack a company upside the head.

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Avatar HatchingPlans (99.89) Submitted: 6/05/08 6:12 PM

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Oh yeah... Don't forget smoking bans happening in cities all over the US... Smoking is fading out of style... A lot of really hot girls strictly don't date smokers under any circumstance anymore, for a lot of different reasons...

So basically, I know a lot of people who are busting their tails to quit. I'm one of them. I think cigarette companies are going to be fighting an uphill battle.

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Avatar boredgenius (51.48) Submitted: 6/07/08 7:25 PM

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not sure if you know this, but PM sells outside USA.

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Avatar HatchingPlans (99.89) Submitted: 6/08/08 12:41 PM

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yeah, i'm aware of that... but is that enough of a reason to invest in them? at least if they were a fine product like cuban cigars or mexican beer we'd have something the world needs... but phillip morris cigarettes are crap...

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Avatar Ross86 (< 20) Submitted: 6/28/08 12:05 PM

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There's many ways to make a company's stock go up than just increasing top line revenue.

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Avatar mpingel00 (98.34) Submitted: 6/30/08 1:21 PM

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Well, if the moral grounds your talking are just selling tobacco, it sure hasn't hurt Altria in the long run. Tobacco = gross. Tobacco stocks = $$$. If you're concerned about smoking trends, look at the smokeless tobacco companies like UST. But smoking trends internationally are far different than here in the United States.

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