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To: coug who wrote (46422)	6/20/1998 11:05:00 AM
From: HairBall	Read Replies (1) \| Respond to of 58727

Coug, <Buffet, the cunning old market sage, has a vested interest in trying to prop the market> Prop the market? Do you mean prop up the market? And, what are you thoughts regarding WB's recent purchase of silver? Regards, LG

To: coug who wrote (46422)	6/20/1998 11:09:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

I have been thinking about Buffet over the weekend Saw a piece on CNBC about his merger a Wall Street Journal reporter who follows Buffet indicated that Buffet rarely paid for a company with his own stock so why did he do it this time? well it is established that his stock is overvalued perhaps he is using it because it is worth more than cash if you read between the lines of some of his statements he has stated he is finding it hard to find anything to invest in...i.e...the market is overvalued so to keep up the price of his stock he had to find something.... and used his overpriced stock to do it what does all that mean... well I dont really know BUT I find it interesting "Has anyone discussed the fact that Buffet, the cunning old market sage, has a vested interest in trying to prop the market.. I consider him to be one of the best.. He knows what this should do to a heavy market...." so when you say he knows what this should to do a heavy market what is your speculation as to what will happen if you are thinking this will prop up the market...why would this prop up the market