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RE: [sharechat] Warren Buffett Warning

From:	"Gavin Bartle" <gavin@unity.net.nz>
Date:	Wed, 5 Mar 2003 08:19:08 +1300

Surely buffett was talking about US stocks which still have an
historically high PE value, there are plenty of good deals in the New
Zealand market.


>>Buffett's latest letter to shareholders effectively warns investors to
get 
out of equities, wait on the sidelines for better value, and of a
pending 
collapse in financial companies due to the derivatives markets. After
three 
years of falling prices stocks remain unattractive.

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RE: [sharechat] Warren Buffett Warning tennyson@caverock.net.nz

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