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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST

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To: H James Morris who wrote (140731)3/17/2002 11:58:54 PM
From: Joan Osland Graffius  Read Replies (2) of 164684
 
HJ, >>I've never know any investor to question WB's ethics.

Agree. What I was trying to say was the company is going to have a couple of tough years in the reinsurance business and we all know the stock equities he owns are over priced. At this point in time owners of Berkshire will make decisions to sell the stock or ride out these tough times with the management.

It is my opinion that they will find companies (not stocks) of value to purchase to enhance the portfolio, but do not expect the financial performance to improve for a year or two.

Joan
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