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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (498)	10/24/1998 11:56:00 PM
From: Fredman	Read Replies (1) \| Respond to of 4691

More local news: Warren Buffett reportedly buys a 5.1% stake in MGI Properties, a Boston-based real estate investment trust. Buffett's stake reached 5% on Oct. 14, the same day MGI announced that its' shareholders approved a plan to liquidate the company's holdings. Mngmnt has estimated $33.00/share in break-up value. Buffett holds 700,000 shares of common stock, according to a 13G filing. The article also makes clear it is BUFFETT that owns this stock, NOT Berkshire-Hathaway. This is from the Omaha World-Herald Oct. 24 edition.