VOLTAIRE'S PORCH-MODERATED 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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cactus Jack who wrote (56153)	11/13/2002 12:50:27 PM
From: Clappy	Read Replies (3) of 65232

Buffett bought Level 3 bonds. I'm trying to figure why he'd prefer their bonds. I assume that means he has faith that the company will survive. Perhaps common shares would be harder for him to buy without driving the stock price way up? And also fluctuate a lot. Even more so by him making the float even smaller. I wonder what the yield was on those? How's the baby? She's fine. Other than having a cold she's just wonderful. Growing a little more each day. Every day I come home and she's changed a tiny bit. She can see now so it fun watching her stare at things trying to figure out what they are. -ClappyTheBigBlurryGuyWhoTalksFunny <Edit> I see they were convertible bonds. Does that mean he can convert them to stock or something?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next