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Non-Tech : Berkshire Hathaway Class B

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To: Richard Forsythe who wrote (825)7/6/1999 11:55:00 PM
From: Michael & B.Anne   of 1652
 
1) I think there is one large seller of B shares who
is winding down. Looking at day charts over the
past two weeks you will see a large sell order >1000
shares as the market opens followed with another should
BRK.B fight its way back. So a few large sell orders
offset by lots of small buy orders.

2) I think today's hi volume was a good sign and sets
a solid platform from which to rise. Especially strong
closing hour. This coupled with emerging good press -
e.g., barrons - and hopefully good earnings report early
next month ...

3) but still have anchors in terms of KO (will not much
longer attract a p/e of 45) and G. This has become
more than a mere cycle. But with GenRe (bought with
inflated stock), the impact of KO and G has declined.

regards
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