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Non-Tech : Gulfstream Aerospace GAC

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To: James1000 who wrote (170)7/24/1998 4:06:00 AM
From: Frank Walker  Read Replies (1) of 197
 
Right on, James - good timing on your buy! There was a bullish write-up on GAC last fall in Individual Investor magazine when it was $27, wish I took action then. But I agree there could be lots of upside.

Today Warren Buffett's Berkshire Hathaway announced they are buying Executive Jets Inc (www.netjets.com) - the biggest buyer of Gulfstreams for their shared aircraft "NetJets" program), check the news on BRKA (or maybe BRK.A) Yahoo news or other places. BRK.A also bought FlightSafety about a year ago. Great that those sharp investors at Berkshire will indirectly now be buying GAC products (as well as many other aircraft from Cessna and Raytheon).

OT - By amazing coincidence - I pinned a NetJets ad up on my wall (torn out of January Forbes magazine), featuring a testimonial and picture of Mr. Buffett, just a few minutes before turning on my computer and reading this news.

regards,

- ILikeGorillas (is Gulfstream a "Gorilla Game" gorilla?)
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