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To: Foo Bar who wrote (1866)	4/16/1999 12:06:00 AM
From: TigerPaw	of 3727

WB said he doesn't invest in high tech That's what he said on a TV show where he was guest with Bill Gates. I suppose it's possible that he looks at his silver and insurance and dreams just enough to convince himself that LVLT is just like a phone company. Actually, it sounds like one of those rumours to get a hype and dump kind of action that we have seen in the last few days. For some reason broadband is hot, most likely because of the publicity of the congressional hearings on cable access to ISPs and someone is trying to make a fast buck. I don't know but I did pick up a little QWST too just in case the hype continues. TP

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To: TigerPaw who wrote (1867)	4/16/1999 5:16:00 AM
From: SDR-SI	of 3727

TP: Although LVLT is not one of the required-to-be-disclosed investments of Berkshire Hathaway (nor is it on the list of the specific BRK investments having a 12/31/98 market value of at least $750MM noted in BRK's Annual Report), LVLT's Chairman, Walter Scott, is a member of the Board of Directors of Berkshire Hathaway and is a long time Warren Buffett friend and associate. There has for many, many years been a close connection between many senior people of BRK and PKS, both of which are headquartered in Omaha and are very active elements in the Omaha community. I do not know whether WB or his family have any personal investment in Level 3, but such would not be surprising. Steve

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