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To: John Pitera who wrote (25696)	3/16/1999 4:25:00 PM
From: Cynic 2005	Respond to of 86076

Notice that 15b is as of end of 1998! For all we know he might have raised even more cash by now. <<At yearend, we held more than $15 billion in cash equivalents (including high-grade securities due in less than one year). Cash never makes us happy. But it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's. Charlie and I will continue our search for large equity investments or, better yet, a really major business acquisition that would absorb our liquid assets. Currently, however, we see nothing on the horizon. >>