The New Economy and its Winners 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 : The New Economy and its Winners

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (16389)	3/13/2003 12:29:41 PM
From: techanalyst1	Read Replies (1) of 57684

There weren't really that many techs in the early 70's. He doesn't buy them because he doesn't understand them. How much of a premium is in brk just because it's run by Warren Buffet? A lot I'll bet. It is amazing that his fund is up this much with his biggest holding at 7 year lows. Speaking of Coke, they have some pretty nice accounting there too, pushing debt off into the bottlers which they own a share of. Makes their own balance sheet look much better. Although I consider him a great INVESTOR, he is no angel. He does trade and speaks with a forked tongue..... trashing ebitida and then buying bonds from companies in this area. Trashes derivatives and uses them himself. Buys something, files it with the SEC and is out before the news hits the wires. Lizzie..... look at energy coming down. I think last year when my kids told me.......... gas is going to $3 per gallon....... I heard it on TV! THE top was in and gas came right back down. Yesterday they told me....... gas is going to $4 per gallon....... I heard it on TV! I decided right then and there....... I'm not buying gas again till I'm on my last drop and I bet it's lower than last time I bought it (last weekend 2.179 self serve lowest grade). If my calculations are correct, retail sales aren't all that bad considering that last month was revised up from down. Take out the reduction in construction spending and they look pretty decent. Of course we need to factor in that gas sales were probably siphoning off some sales from retailers, but if gas and heating oil come down (which it looks like they are.... esp. nat gas which looks like it's imploding), it could be that retail sales pick up again and so to the economy. I hope it helps you up North. And one more thing......... the techs have their options issues, but the old techs have pension issues and they have to spend $$$ to fund those. In each case, earnings have been overstated factoring out those issues, but the pension funds will have a bigger factor in the long run, imo. TA

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next