Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Skeeter Bug who wrote (5003)	5/16/1998 5:25:00 PM
From: wooden ships	Read Replies (1) of 42834

The headline reads: "Buffett Says US Stock Prices Need Rosy Scenario" For the complete text, please see: biz.yahoo.com In the article, Buffett, when asked if the latest rash of mega- mergers was being driven partly "chief executive egos," commented, "It is not fun if you are a CEO to look around and see your competitors or colleagues making deal after deal and being plastered all over the press and to sit there and say, 'I don't think these deals make sense,' he said. "And you have got other constituencies urging you on." As to stocks, Buffett remarked, "I don't think there is much of a margin of safety in stock prices right now," he said. "No, there is not a margin of safety."

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