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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?


To: Charliss who wrote (2567)8/12/1998 11:41:00 AM
From: MeDroogies  Read Replies (1) | Respond to of 15094
 
There are other, more important, reasons for BH's purchase of General Re. Buffett has, for a long time, been in the reinsurance game. Many of his reinsurance holdings have not been in good condition, and General Re offered an opportunity to alter that position.
Is he shifting? He has been since his purchase of Treasury Bills last November, and his purchase of silver. However, he is NOT OUT of equities, by any stretch.
The market conditions are not too dissimilar, and in many ways better, than last Nov/Oct., so I don't think this is a long-term correction. If anything, although the market has gone lower than I thought it would, it is currently in a wait-and-see pattern that will change quickly, and soon. I expect for the better. I never thought the market would hit 9300 this year. As a result, I missed alot of gains. I saw an 8300 top. By the same token (and I could be wrong again), I don't see a major downdraft, now that profits have been taken.



To: Charliss who wrote (2567)8/12/1998 11:53:00 AM
From: Mighty_Mezz  Respond to of 15094
 
Charliss - Frustrating, isn't it? I have some shares I picked up at 3 7/16 and 15/32, but my average is close to 4.

The perception of HDIE on the street must change. The prior management didn't do a very good job of running the company, and HDIE still carries their taint, imo.

Action such as we're seeing on HDIE is not uncommon during a turnaround. The street says, "Show me!" I think Murrie and Co. is going to be showing everyone, in a big way, that HDIE is a "steal" at these prices.

I certainly do hope it's soon! :-)