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To: Mary Cluney who wrote (69324)	12/3/1998 10:04:00 AM
From: Diamond Jim	Read Replies (1) \| Respond to of 186894

"I doubt they would make it in the NBA today" What NBA?

To: Mary Cluney who wrote (69324)	12/3/1998 11:16:00 AM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Mary - Re: " Things are quite different now. They now have to get out of their leather chairs and rush to a computer terminal to make those trades. They can't just sit around with their two martini lunches and act on those tips at their leisure. " You are confusing your conception of "value investors" and the really hard working kind that have practiced this craft over the years - and Charlie Munger & Warren Buffett are the best of this class. They are not "old boy" networked guys - although their immense success has placed them in that inner circle - financially if not physically. These two in particular know how to not only ferret out good values, but also how to purchase companies and manage them, when required. Buffett's success in rescuing Salomon Brothers is a good example of the latter. Paul

To: Mary Cluney who wrote (69324)	12/3/1998 11:20:00 AM
From: Paul Engel	Read Replies (2) \| Respond to of 186894

Mary - Re: "but just as Bob Cousy and George Miken were great in their days - I doubt they would make it in the NBA today - " I'm not familiar with Miken's play, but I am pretty confident in stating that Bob Cousy would be a SUPERSTAR in the NBA today (if there was an NBA today !) for the same reasons that he was a SUPERSTAR in the 50's and 60's - he had the uncanny ability to get the ball to the BIG SUPERSTAR on his team. Paul