VIAB (Viacom Class B shares) formerly CBS Message Board

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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS

VIA 32.17

-2.9%

Dec 5 9:30 AM EST

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To: Sonny who wrote (2632)	9/28/1998 7:04:00 PM
From: Patrice Gigahurtz	of 4613

Sonny: When and IF 'she' hits $29 3/4 (for example) what's your gut say: profit taking could take 'her' down to mid $26ish ? Or just a tad of profit taking and a bolt upwards ? Also, wouldn't some significant news have to part of the equation as well as fundamentals ? For example, pending news items that I wish would come sooner than later are the completion of those remaining WX units, the Radio IPO, Fall TV ratings, and of course the biggie: EARNINGS ? Next year they are estimated amongst some sources at .40ish Let's assume they can do that. What price/quote could CBS yield with a net '99 in the .40ish area ? Thanks

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