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Technology Stocks : WDC/Sandisk Corporation
WDC 181.54+1.1%Dec 26 9:30 AM EST

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To: Craig Freeman who wrote (13912)8/14/2000 11:19:29 PM
From: Paul Senior  Read Replies (2) of 60323
 
OT: Your time frame for dismissing Mr. Buffett and his stock picks is too short imo. Mr. Buffett's stocks have been down for only a year or two. These things (stock prices) are cyclical as is common hot/cold spells for investors. In short, - HE will be back. The final story on SNDK isn't writ yet either, imo, so I wouldn't be dancing on any other investor's grave just yet.

I believe the man didn't get his last $5Billion by being cavalier and thinking oh-what-the-heck-I've got $30B+ -and I-can't-lose-and-I-just-feel-like-it. I believe his competitive nature, his disdain for change (in the food he eats, the people he deals with, the companies he buys, etc. etc.)and his ego would make him just as cautious and unique as he always has been.

While it is true that "he has not been right ALL the time", he has never - to my knowledge - been wrong about his public stock purchases. That is, every single stock that he has publicly bought has eventually been profitable for him. (to my knowledge)

Paul Senior
and I am not a Buffett fan
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