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Non-Tech : Florida East Coast Industries(FLA) -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (35)10/1/1998 2:21:00 PM
From: richard jaegers  Respond to of 71
 
ann Welcome to October You mentioned you own Bershire as I do Here is a thought Wesco Financial (Charley Mungers company ???) Today $293.00 BOOK VALUE $284.00 but that is a low estimate $50 Million in cash no debt Buffett owns a good portion of the operation Charley is older then Warren Buffett buys WSC and blends it into BRK Is this a cheap way to add to your BRK position I would think brk would pay a primium for WSC Advise your thoughts to value invester to another Richard



To: Ann Corrigan who wrote (35)10/1/1998 2:39:00 PM
From: richard jaegers  Read Replies (1) | Respond to of 71
 
ANN I am wrong WSC (Munger ) cash position is mach larger then 50 Million I will have to do more reseach Richard


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