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


To: Duker who wrote (1342)2/11/2000 11:56:00 AM
From: Jocelyn Ally  Read Replies (1) | Respond to of 1652
 
One of the most believable reasons to explain the price drop has to be this, found on the fool brk thread:

<< Redemptions at value funds are behind the irrational selling in BRKA. I work on "The Street" and see it first hand.>>

I don't work on the street but I know of elder people dumping their "blue chips" to get into the "technology" action.

BRK share price has been dropping way before the clumsy health rumor on yahoo, but this could be just one more fear inducing event. This is a great time to accumulate. Warren will have a field day in the value opportunities that are starting to appears. He is likely still sitting on the big cash reserve, ready to strike!