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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%Dec 8 4:00 PM EST

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From: Gottfried5/2/2005 11:37:07 AM
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OT *** Buffett and Munger: since W.Buffett is so often quoted in sound bytes it is of interest to read some of his comments at the BRK stockholders' meeting money.cnn.com

PS: Munger thinks Buffett is optimistic. We must also remember that Buffett thrives on buying stuff very cheap and it isn't cheap enough for him yet. That has to color his outlook.

Gottfried

excerpt
Munger: "Warren gave a very optimistic prognosis. Some people seem to think there's no trouble just because it hasn't happened yet. If you jump out the window at the 42nd floor and you're still doing fine as you pass the 27th floor, that doesn't mean you don't have a serious problem. I would want to address the problem right now. They'd better face it."
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