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Letter "M" » Martin Feldman Quotes
«So if I was buying into tobacco, I would acknowledge the sector is high risk. It is high risk and there's a lot of uncertainty but Philip Morris is the only one I'd be buying.»
«I think what will happen is that there will be another period of negotiations over the next few weeks.»
«If a settlement can be achieved? valuations would be expected to improve quite substantially, ... I could see Philip Morris perhaps getting to around $70, but that's a big 'if.'»
«It's the consumer who's going to pay for this deal,»
«In our opinion, Clinton raised the subject of a federal suit against the tobacco industry because of the relatively safe political outcome from such proposals. He did not make these comments because the prospects for a federal case against tobacco have improved.»
«In addition, we expect that he will scrutinize closely the most efficient corporate structure to maximize shareholder value.»
«We are becoming increasingly concerned about the ability of Philip Morris to take a pricing increase within its US tobacco unit in 2003.»
«Over the long term, I believe an investment in the tobacco sector is still extremely good for shareholders.»
«This jury has not heard any evidence concerning the conduct or decisions of individual smokers, ... Simply the inclusion of that evidence in phase two could mitigate against an award of damages of the size that Stanley Rosenblatt is seeking.»
«RJR's [international operations] is much weaker than the others, ... It still presents better growth than its domestic business. But its margins have been shrinking.»

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