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


To: Beltropolis Boy who wrote (697)12/18/1998 6:35:00 PM
From: Shane M  Read Replies (1) | Respond to of 4690
 
Thread,

Have been placing buy orders on Champion CHB, Central Parking CPC, and Techne TECH - all I consider Buffet stock candidates - in the past few days, but the prices keep running away from me. I'm not pursuing them right now. Hopefully they'll drift back to my buy prices. I missed CPC by 1/8th on a limit several days ago, and CHB and TECH jumped like my bid was a frying pan.

I'm noting that Ralston Purina RAL is falling back at $32 now, so am keeping my eye out here also. For those still interested in Boeing BA note that it is drifting lower now providing further buying opportunities.

A new stock that I've seen popping up in the valuation spreadsheet is Caterpillar CAT. Jim, I know you're familiar with the ag equipment cyclicals. Do you follow CAT too?

Still semi-bearish, and don't want to get too agressive right now, but holding so much cash is not helping my returns.

Shane



To: Beltropolis Boy who wrote (697)12/18/1998 6:39:00 PM
From: Shane M  Read Replies (1) | Respond to of 4690
 
Chris,

When this info was first presented concerning secret holdings there was a question of it's veracity. Some of us looked and couldn't find a filing on Edgar, and someone else noted that the report wasn't carried by the major news services.

Has anyone seen this report on Buffett's holding carried by a major newsservice, or has anyone seen the filing?

Also, has anyone seen previous mention of this confidential holding status?

Shane