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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (1093)9/17/1998 10:11:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Actually, the WebTV system is similar to what I want, except the hardware is poor (compared to my excellent modem and graphics card) and I would like to stay with my local ISP. I believe the WebTV system allows you to see who's calling on the voice line and "click over" to the voice line without disconnecting from the internet.

Best wishes,

I2



To: Justa Werkenstiff who wrote (1093)9/18/1998 9:25:00 AM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Evidently, someone else called the correction too.

"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."

Best wishes,

I2