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Non-Tech : Viacom, Who Knows What
VIA 53.070.0%Oct 30 3:59 PM EDT

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To: RUILIN ZHAO who wrote (12)5/2/1997 5:46:00 PM
From: Bigpoppabass   of 38
 
Mario Gabelli, a famous investor, filed with the SEC increasing his holdings from 6% to over 7%. At least someone "important" thinks its a buy. You never really know with Viacom, but below 25, I begin to get curious. The class B shares have a huge short interest oustanding, so you might be seeing a short squeeze going on right now. If a squeeze is going on, you could be right that the shares may again retreat. Good luck!
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