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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?

To: w molloy who wrote (833)	7/12/1999 5:39:00 PM
From: Richard Forsythe	Respond to of 1652

Actually he also says that he looks for businesses where he can be reasonably certain as to the 10 year outlook. I think you'd agree you don't have 10 year visibility in high tech. He's doing pretty well, although not as well as someone who picked right 2 years ago. He's doing better than the many people who picked wrong, and possibly better than the people who currently think they picked right, but will discover that they picked wrong at some point in the next 5 years (if you see what I mean). Richard

To: w molloy who wrote (833)	7/12/1999 5:45:00 PM
From: Roger L. Chuchen	Read Replies (1) \| Respond to of 1652

W Molloy, I find it hard to believe that somebody who "claims" to understand Mr. Buffett's style would utter such nonsense on this thread. I suggest that if you would like to invest in technology stocks, please do so. Please just don't whine and bit** simply because the stock has been underperforming for 6 months or so. I think Mr. Buffett is right - it's important to have a high quality shareholder base. Judging from the diatribe that you've written, I can finally understand why he was very reluctant to offer a "cheaper" version of the A shares (in the form of the B shares) lest that it would dilute the quality of the shareholder base. Molloy, if you check my personal profile, you will see that I own a number of semi-eqip stocks and I'm quite happy with the investment returns so far. Although my BRK portion has done nothing for quite a few months now, it's a good blanket play of blue-chips for me to go along with my tech plays. The stock is bound to come back. Just have a little patience.

To: w molloy who wrote (833)	7/12/1999 10:59:00 PM
From: Leroyt	Respond to of 1652

w, You still are hyped on WEB not investing in techs. IF you EVER thought he would then you missed something BIG. If you want tech stocks, you'll have to go somewhere else! I hold plenty of tech stocks along with Berkshire. I'm NOT about to wait for WEB to venture into those areas. WEB has done ME a great service!! He just keeps making MORE and MORE money even though the last year of the STOCK PRICE has not been good. I bought my first A shares when the price was $6.5k. I'm NOT about to worry about a flat year or two (IN STOCK PRICE). Check out the magnificent growth of GEICO during the last two years. I'm sure we'll see the same type of growth out of General RE. best to you, balance your own porfolio. later, leroyt