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Technology Stocks : Oracle Corporation (ORCL)
ORCL 177.16-0.6%Jan 23 9:30 AM EST

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To: av ram who wrote (472)11/24/1996 8:55:00 AM
From: William N. McCrosky   of 19080
 
>> Do you mean Birkshire class B? What do you think of that stock? (because I bought at IPO and has not done much since then). <<

Yes. Berkshire Hathaway Class B. I bought it at 1060 (maybe 2 months ago), it is now at 1100+.

BRK.B was overpriced as an IPO. I waited a while, let the market take out some of the speculation and hype.

BRK.B is just a more accessible BRK. As long as Warren Buffett is actively involved, I think it is (1) very safe and (2) will do very well over time. Buffett is the epitome of buy-and-hold, value investing.

I couldn't afford a share of BRK, but I can afford a few shares of BRK.B. I plan to roll some of my profits into BRK.B, as I believe we are somewhere near a market top. How much to roll in? That is the hard question.
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