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To: chic_hearne who wrote (88915)4/2/2001 6:14:42 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
<<I'm stunned Buffet would be buying that much Wells Fargo, or any other bank for that matter.>>

In his defense, WFC does not have heavy exposure to syndicated loans or derivatives (although they did have some Cali-ute exposure, which I'm sure WEB took into consideration). If you had to buy a major bank, that would be the one. But I agree, I wouldn't touch 'em, they'll all be cheaper a year from now.<NG>



To: chic_hearne who wrote (88915)4/2/2001 6:27:11 PM
From: Les H  Respond to of 436258
 
he bought them two months ago. i think he got hit by the new SEC disclosure rule.