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Politics : Ask Michael Burke

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To: re3 who wrote (70523)	11/15/1999 1:00:00 PM
From: Freedom Fighter	of 132070

Ike, Right now, definitely not. I added to my position at 1812. I would have been willing to sell some last year at 84,000 per 'A' share. However, my average cost is just over 6000 per 'A' share. With 75000+ in capital gains it made no sense to sell and pay Fed, State, and City taxes (I live in NYC). I had nowhere to put the after tax proceeds that I thought would generate more money for me in the long term than just holding on to the overvalued BRK shares. Even at its highest point though, I would still rather have owned BRK than the S&P500 or Nasdaq. I think both indexes are selling at idiotic prices. But that doesn't stop Wall St. from continuing to tout them to the public though. Wayne

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