For Philip Morris, Another Adversary: Stockholders

Just how bad are things for Philip Morris Cos.? To hear Robert Huberman tell it, not bad at all. Huberman is general manager of Starkman Distributors, which sells cigarettes to casinos, mom-and-pop stores, and markets in Atlantic City. There, Philip Morris' brands are hot. "It seems like everbody's trying to catch up with Marlboro," Huberman says.

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