VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (51990)	5/23/2002 6:25:56 PM
From: H James Morris	Read Replies (3) of 65232

Scott, my job is to report all the corruption. Your job is to report all the good news. Never under estimate the power of Goldman that's why I bought GS 60 leaps when the stock was trading at $63.37 ps through a hedge fund. >>Warren Buffett, the billionaire who says he prefers to invest in simple businesses, found a complex way to raise money for his investment company, Berkshire Hathaway Inc. Berkshire sold $400 million of a new five-year security designed by Goldman, Sachs & Co. that packages a senior note with a warrant to buy Berkshire shares, and was advertised as the "first-ever negative coupon" security: In effect, buyers are paying Buffett for the right to buy Berkshire shares in the future.<<

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