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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Henry D who wrote (6937)	9/17/1998 8:53:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 10921

Henry, Where can you get an honest, accurate, timely quote on Convertible bonds? If you have the answer, send it to Arthur Levitt. He's putting pressure on the industry which is showing extreme resistance to divulging this information. Any time the Street resists this hard, there's a strong likelihood the public is being taken to the cleaners. JMHO, Ian.

To: Henry D who wrote (6937)	9/17/1998 11:26:00 PM
From: Ian@SI	Respond to of 10921

While not of much value in this sector (Buffett doesn't buy tech stocks), when that $9B gets spent, Warren Buffett isn't in the habit of selling very often... I wonder how many fund managers will want to be known as the guy who sold his shares to Warren Buffett at the bottom. ;-) September 17, 1998 Buffett Declines to Offer an Opinion On the Market, but Is Holding Cash By JAMES P. MILLER Staff Reporter of THE WALL STREET JOURNAL OMAHA, Neb. -- Warren Buffett has some money to spend. Fielding questions at a special stockholder meeting here Wednesday, the chairman of Berkshire Hathaway Inc. declined, as usual, to offer an opinion on the stock market's current valuation. But he did provide one possible clue to his perspective: Berkshire, the famed stock picker disclosed, is currently sitting on $9 billion in cash. Because undervalued stocks that the "value investor" seeks become ever harder to find during bull markets, Mr. Buffett reiterated Wednesday that "it's always beneficial for us when the market goes down." The market's recent slide "hasn't been dramatic," he noted, before telling Berkshire holders that "if the market declines significantly, you can be pretty sure that we won't have $9 billion in cash when we meet next year" at Berkshire's regular annual meeting in May. ... Whole story at interactive.wsj.com