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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: kumar who wrote (20180)	3/14/2000 9:38:00 PM
From: LindyBill	Respond to of 54805

These are the times that try men's souls. The Summer Trader and the Sunshine Investor will not long last..... With apologies to Tom Paine I was telling you there would be weeks like this when doubled my cash position last week, (now 29%). Hey, I am only down 8%. (sob!) Elon is one of my biggest positions, and it sure showed strength today. I caused this whole damn thing by buying stock in 34 different companies, of course. You guys are going to start calling me "Mo-Mo" Bill instead Lindy, if I don't watch out. The nice thing is that the companies we know and love keep giving us good news during this time of FUD.

To: kumar who wrote (20180)	3/15/2000 4:36:00 AM
From: JRH	Read Replies (2) \| Respond to of 54805

"with buffets approach, i am urged to short his stock. just as well i cant afford the price :-) my dreams come free." There is a class B share that sells for less than $1500 and has 1/30th the economic rights of the A. It generally trades at a slight discount to the A. But before you do that you might want to read the annual report, accumulate Buffet's knowledge, and think about these things: - The world's greatest investor just publicly stated that he would be buying back shares below $45,000 -- he does not buy anything unless he thinks it is significantly less than intrinsic value. He outlines the economics of a share repurchase nicely in the recent annual (It is a bit different than your typical tech share repurchase i.e. Dell) - The company, in one of its worst underwriting performances had 25 Billion in float at a cost of 5.8%, less than the Federal Government currently borrows at - Executive Jet, Geico, Sees, etc. - Roughly selling at accounting book value So I anticipate this was a short term speculative trade you were talking about? JRH's pal