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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (16732)4/2/2003 9:30:29 AM
From: Larry S.  Read Replies (2) | Respond to of 78515
 
CHM shareholders potential loss is Berkshire shareholders potential game. bet with the master. larry



To: Bob Rudd who wrote (16732)4/2/2003 10:00:57 AM
From: Paul Senior  Read Replies (1) | Respond to of 78515
 
Bob Rudd, I agree with you about Buffett's takeovers. You get validation, but the Man is downright cheap. Just as Larry S. says you might want if you were a BKH stockholder.

I am surprised to see so many (well, a few... up from none)acquisitions being announced right now regarding stocks that have previously and often been discussed here or on the Buffettology thread. Perhaps it's just a random thing; perhaps though it's an indication that low stock prices are compelling business people to act on the values they believe they see.



To: Bob Rudd who wrote (16732)6/11/2003 8:18:19 AM
From: Bob Rudd  Read Replies (1) | Respond to of 78515
 
CMH: Sold 6/9 @13.10 on pop above deal [12.50] I'm not pleased with this deal...management selling out at prices very favorable to purchaser to insure cushy position at Berkshire, but I doubt the opposition is able to outmanuever the Clayton's 28% position...so additional premium to the deal price looks unlikely.