(LVLT) - Level 3 Communications Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : (LVLT) - Level 3 Communications

LVLT 53.63

0.0%

Nov 1 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IngotWeTrust who wrote (3265)	8/6/2002 5:26:33 PM
From: RalphCramden	Read Replies (1) of 3873

The BRK converti's have $3.41/share convert price and the stock is trading at $6. Buffett has nearly doubled his investment in 1 month if he cashed out now, or hedged with some short stock sales. Buffett's motivations may not have been charitable as you suggest. Of course to conclude from this that it is a good idea to buy straight stock at $6/share would not be rational. You would be paying about 2X what Buffett paid for your interest in the company if you did.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next