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


To: chin who wrote (604)3/1/1999 10:07:00 AM
From: Leroyt  Read Replies (1) | Respond to of 1652
 
Hard to say WHEN it will move. The market is rather fickle. Value investing is about patience. The longer it stays down the more upside pressure is building because BRK is ALWAYS making MORE money!

later, leroyt



To: chin who wrote (604)3/1/1999 10:34:00 AM
From: Richard Forsythe  Read Replies (1) | Respond to of 1652
 
Remember that when the GRN merger closed, a huge amount of BRK stock was issued to people who are not long term types. These people will do a quick annualized return calculation and sell if the number is high enough. I imagine there is enough of an overhang to keep the stock low until at least earnings on 3/13. That may contain some interesting surprises, and could drive the stock higher immediately... Or, the stock may languish for another 6 months while long termers pick up the stock at bargain rates. It's just a question of exhausting the "easy sellers" in the market.