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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 26.55+0.9%11:15 AM EST

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To: Patrice Gigahurtz who wrote (2354)8/21/1998 11:54:00 AM
From: Patrice Gigahurtz  Read Replies (1) of 4613
 
John, et al: Now I am not positive but I think another big block of close to 1mill shares traded again !! Again, I don't know if it was a bunch of 'blocks' at once or if it (they ?) were 'buys' or 'sells'.

Wonder whats going on ????? Just my optimistic self again but I think $28 isn't too bad considering the DOW is tanking 275- pts so far ! Still, why is CBS down 20% (from $34 3/4) and the DOW just 10% from its high 9300ish ???????

John: What do you make of 5.38% for the long bond ? I have read some people saying 5% isn't too far away, maybe by Jan 1st !!!! If that holds up, what are people going to do ? How long can sit on just 5% return ? So, IF CBS reports good 3rd qtr numbers could some of that bored 5% cash come into CBS stock ??? I hope so....but when ?

Thanks
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