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Technology Stocks : Intel Corporation (INTC)
INTC 40.03-1.3%Dec 1 3:59 PM EST

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To: Lizzie Tudor who wrote (173422)3/10/2003 11:37:50 PM
From: hueyone  Read Replies (1) of 186894
 
scoops up the remains when these companies are operationally mismanaged. He cleans up messed up companies, mostly by way of the balance sheet

Buffet mostly looks for well managed companies with competent, ethical managers that he respects, admires and aims to retain. He has bought a number of privately held companies in their entirety that have these characteristics. He is not really the pick up the cigar butt type of guy looking to see if he can get one more good puff.

Regards, Huey
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