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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?

To: Fredman who wrote (421)	1/5/1999 3:41:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 1652

I am holding a few thousand GRN that has not converted. It has me stuck since those shares appear to have not taken part in the rally of brk.b from 1975 to 2300+. Doesn't really matter, and I am not sure what I would buy with the equity anyway. The drop after the S&P announcement was very predictable, as was the jump after the the merger date, since the selling dried up. What I can't understand is the very low volume of brk.b traded the 3 days before merger and the very, very, high volume now, 4x normal. Something unusual is going on, but I can't imagine what it may be unless Buffett is buying Brk's own shares from institutions/funds with the cash and bonds he has, about 25 billion. BRK is a relative bargain, but I don't think he has ever done such a thing, so I am probably all wet.