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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (1542)	3/8/2004 3:14:29 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 1652

"Of course, because it is based on Buffett's own words." As a matter of fact, Warren hinted just the opposite. In his letter to shareholders, on which you comment, he hinted that the stock was below its IV. He said that the disparity between asset value and IV continues to expand. This could possibly read to say the stock price should be higher. IT CANNOT POSSIBLY be read to say that he believes the stock is currently overvalued, as you suggest.

To: Jurgis Bekepuris who wrote (1542)	3/8/2004 3:36:53 PM
From: The Duke of URL©	Respond to of 1652

As an interesting aside, ALR was a company that 8 years manufactured a chipset that would allow small inexpensive intel cpus (up to six!!!) to be used in series and in parallel. Before the company had a chance to develop the technology, they were purchased by GTW. Yes, shareholders were upset, but if they just traced the technology into Gateway, until Gateway had exhausted the use, they would have made a buck or two. There are many stocks that go up and down, but if you are ever in this situation as a shareholder, you can consider this technique as one possible alternative.