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

To: w molloy who wrote (863)	7/30/1999 4:22:00 PM
From: Richard Forsythe	Read Replies (2) \| Respond to of 1652

LLoyds is probably not a good comparison, due to the very unusual capital structure of that organization. I personally believe that we are still suffering the consequences of the GRN merger, as I commented in exchange2000.com Even if the original GRN holders are now out (and some may not be), the buyers of the BRK stock in Aug-Dec could be winding down their positions. It's gone on for a lot longer than I thought it would, though. BRK has not tracked the insurance industry index at all and continues to see selling pressure despite fundamental value. TA won't help, because I think the sellers are selling for policy reasons, not stock-price issues. The only spike I remember was around the release of the annual report. I wonder if we will spike this time around... Richard