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To: Terry Maloney who wrote (167794)	5/23/2002 1:01:55 PM
From: Les H	Respond to of 436258

Berkshire first to offer issue with negative yield nationalpost.com

To: Terry Maloney who wrote (167794)	5/23/2002 7:04:27 PM
From: Earlie	Read Replies (1) \| Respond to of 436258

Terry: I argued against the roll back, but large players (who, to give them their due, did buy big hunks of the issue) wanted it done. I would have thought that the market has now digested the news and doesn't seem to care. It doesn't hurt that at least three Canuck houses are now quietly nosing around looking for "large blocks" (and can't find them). (g) I think we punch through $0.50 over the next week or so and then the fun really begins. Funny how the political worries seem to be disappearing. (g) Best, Earlie