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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (1423)3/10/2000 2:29:00 PM
From: Bob Howarth  Read Replies (1) | Respond to of 3891
 
Steve. Short term NN is an albatross around ALA's neck. ALA share holders in Paris are probably rather unhappy about it all.

PS: Economist magazine, using its brilliant Big Mac index to gauge proper values of currencies, says that Euro around .96 to dollar is actually close to fair value.



To: Steve Fancy who wrote (1423)3/11/2000 4:29:00 PM
From: Bob Howarth  Respond to of 3891
 
Accounting: Check out page 12 of W Buffett's annual report, made available this AM on link below that very clearly explains the purchase / pooling accounting stuff.

berkshirehathaway.com


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