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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (70080)	11/4/1999 1:31:00 PM
From: Freedom Fighter	Respond to of 132070

Thomas, Thanks a lot! Great article on the fundamentals. I needed oxygen I was laughing so hard when I read the crash comment. Thanks again! Wayne

To: Thomas M. who wrote (70080)	11/4/1999 9:01:00 PM
From: Amir Shalit	Respond to of 132070

Thomas, excellent stats and a good piece about Buffet. Now, it's really not clear to me what is he doing about it. He didn't sell KO at 90. Did he? Amir

To: Thomas M. who wrote (70080)	11/5/1999 9:02:00 AM
From: Tommaso	Read Replies (1) \| Respond to of 132070

That Buffet piece is the most terrifyingly sensible thing I can ever remember reading about the stock market--buttressed with all sorts of solid information, experience, relevant and easily-understood statistics, and much else. Because he is an idol of any number of investors and brokers (fifteen years ago they were speaking of him in hushed tones at Merrill Lynch), you would think that some of the really big boys would start quietly moving into cash or onto the short side. Most mutual fund managers, however, are still frightened by the example that has been made of anyone who has displayed caution over the past five years, in that way resembling the officer corps of the Wehrmacht during the German invasion of Russia. I wonder what those guys will be doing for a living in a few years.