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To: Think4Yourself who wrote (77566)10/30/2000 12:14:45 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
<You are definitely correct about Buffet. He buys companies, not stocks>

.. who ever said he didn't ?

But, "Silver" wasn't a company now was it ?

... and one has to make a "timing" call every time one buys, or sells a company, or single share of stock - now doesn't one...

Any more inane babble we can disect today (VBG) ?

PS JQP ... still fully margined from where you said you went full margin ?

ouch ~ kind of hoping that was bravado & not reality - if ya know what I mean...

;)



To: Think4Yourself who wrote (77566)10/30/2000 12:24:11 PM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
CNBC just trotted out a new nimrod analyst. Said prices will come down very fast with output increase but there might be an issue with our refining capacity.

1. No mention of OPEC at max capacity
2. No mention of lack of tankers to transport the crude and products
3. No mention of the sour crude being of wrong quality for US refineries.

Just another "expert" making a fool of himself.