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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (33719)	4/15/1999 8:45:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 86076

I htink 30 min or an hour after the open, the bottom falls out.. I had to say soemthing to the kids... F*ck Abby, read this... ho ho: Buffett says "virtually all" stocks too expensive LONDON, April 15 (Reuters) - Billionaire investor Warren Buffett reiterated on Thursday his warning that U.S. share prices were too high, saying that ''virtually all'' company shares he might want to buy were too expensive. Buffett told BBC radio while in Paris on a business trip that he would advise small investors not to be too eager to buy into Wall Street equities. ''It is tough,'' Buffett said. ''Equity valuations, at least in the U.S., are fairly full and I would not advise somebody in the U.S. to rush into the equity market.'' Asked about the companies he might want to buy, Buffett said: "It is too expensive for me in virtually all cases." Buffett, who is based in Nebraska and is known as the "Sage of Omaha," remained silent about the identity of the British blue-chip company in which he is building a stake. On Monday, Buffett said he was buying into an unnamed British company. His extremely successful holding company Berkshire Hathaway (NYSE:BRKa - news) has $15 billion in cash to invest and boosted net earnings by nearly 50 percent in 1998.

To: MythMan who wrote (33719)	4/15/1999 8:56:00 AM
From: Lucretius	Respond to of 86076

nice piece: gold-eagle.com