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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (35472)	1/19/1999 9:34:00 PM
From: 16yearcycle	Respond to of 164684

Hi William, I don't think BRK's action is meaningful. The index funds appear to be selling brk.b after receiving the exchange of shares from GRN. Granted, there was panic selling up to 12/21 because some of the funds had to get out of grn then, but volume is still so heavy that I think the selling wave from the indexers has not abated. Brk tries to go up every am, but is the driven backwards by this selling. The huge difference between brk/a and b, the spread after 30x is the about 2000 for God's sake, tells me I am right. Unfortunately, I have been wrong a few times, so I no longer offer a guarantee. If I am right, the selling will stop and brk will jump to at least 75,000, or 2500 b shares quickly. I expect it to have great strength after this incredible wave of new money chasing the tech stocks slows. Full disclosure:I have a large enough investment in BRK that my opinion is very biased.