PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: Jgilbert who wrote (22918)	1/14/1999 1:10:00 PM
From: Jgilbert	of 43774

The common denominator appears to be that all of the entities are service providers, which means they are essentially cash only transactors. No accounts receivable, no inventory and no heavy investment in fixed assets. BRK, with two or three exceptions, operates under the same philosophy. Insurance, banks, American Express, all are basically for cash businesses, and earnings and dividends are reinvested in similar businesses. A system that has worked beautifully with Buffett in the past. The question is is John a Buffett or otherwise? The two do have one common trait: they are slow to release press releases. Just my humble opinion and no more.

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