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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"

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To: Spekulatius who wrote (834)5/25/2006 11:22:40 PM
From: Spekulatius  Read Replies (1) of 1185
 
CBS spinoff looks better and better -
+ Dividend increased 2 times
+ Sold Paramount Parks (accreditive to earnings)
+ consolidates UPN with TW network for cost savings
+ Plans to sell underperforming Radio stations
+ Reenergizes CBS news
+ beat earnings
+ 400M$ extra dividend from VIA/CBS demerger
+ Beat earnings last quarter

Looks like everything goes in the right direction for CBS. CBS "pretty sister" VIA on the other hand is a dud so far. I have reduced my position but at the current valuation, i feel there is upside too.
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