It would be imprudent for RJR to pay down any of its existing debt,
More Quotes from Martin Feldman:
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.Martin Feldman
A deal that the tobacco companies will sign into if there is going to be one, will involve structuring a new tax and a regulatory regime that is not really exportable.
Martin Feldman
We are becoming increasingly concerned about the ability of Philip Morris to take a pricing increase within its US tobacco unit in 2003.
Martin Feldman
I think litigation is not getting any worse in the United Kingdom. In the United Kingdom and in Europe, (liability potential) is infinitesimal compared to the United States.
Martin Feldman
Yes there has been bad news but it's all in the stock. At this point, it is very attractive. It's certainly more attractive than RJR or UST,
Martin Feldman
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Based on Topics: Debts QuotesBased on Keywords: imprudent, rjr
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