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


To: Michael & B.Anne who wrote (574)2/17/1999 11:01:00 PM
From: Michael & B.Anne  Read Replies (1) | Respond to of 1652
 
Also buys position in Texas-based cable television operator TCA

February 13, 1999/FOOLWIRE/ -- Specialty chemicals company Great
Lakes Chemical (NYSE: GLK) gained $4 5/8 to $40 1/4 and Texas-based cable television system operator TCA Cable (Nasdaq: TCAT) jumped $6 3/8 to $43 1/8 after it was revealed in separate SC13G filings made yesterday afternoon that Berkshire Hathaway (NYSE: BRK.A) and its subsidiaries have acquired stakes in these companies. The filings reveal that Berkshire owns 8.0% of TCA and 6.8% of Great Lakes on a diluted basis. Investors wanting to jump on the Berkshire train should realize that these are rather small commitments for Berkshire, which has liquid resources in the tens of billions of dollars.