BUY OR SELL-Are soon-to-be split Berkshire shares a good buy?
(Repeats to fix headline)
(To read other Reuters 'Buy or Sell' stories, double click on [BUYSELL/])
* Stock trading at price-to-book level below 5-yr average
* Shares up more than 40 pct from 52-week low on March 9
* Bull view: Stock still significantly undervalued
* Bear view: Planned stock-split a mistake, steer clear
By Lilla Zuill
NEW YORK, Nov 4 (Reuters) - Billionaire Warren Buffett surprised investors on Tuesday when he backtracked on a long-standing aversion to splitting the stock of his company, Berkshire Hathaway (BRKa.N: Quote, Profile, Research) (BRKb.N: Quote, Profile, Research).
In a letter to shareholders in 1983, Buffett said splitting the stock could attract "inferior" investors, and had stuck to that tune until now. Continued...
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