Viacom, Class B( VIAB ) - The New Viacom Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Viacom, Class B( VIAB ) - The New Viacom

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jay Judell who wrote (17)	5/11/2000 9:30:00 PM
From: MGV	of 56

I'm disappointed in the poor performance the past two days. Early yesterday, while tech was falling heavily, VIA.B was up almost 1 to 55 and change intraday. By the end of the day, it reversed course and followed the greater market down. Today, it was very weak on no real news. I would think it would be a fairly defensive stock. I know some believe advertising companies are vulnerable to economic cycles but that wouldn't explain the weakness very well. For one, no one is forecasting a recession. More importantly, Viacom's advertising business has so distribution many channels (i.e. radio, cable, outdoor, network TV, internet, cinemas) that it (vulnerable to economic cycles) is not a strong argument in the context of this company. Anyone else have a theory? I do think there are some near term positive catalysts: Infinity.com, strong upfront ad numbers, share repurchases, bundling and spin out of internet properties.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next