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

VIA 22.90

-3.2%

Jan 16 9:30 AM EST

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To: Guy E. Fleming who wrote (2382)	8/25/1998 1:22:00 PM
From: John M Connolly	Read Replies (2) of 4613

All: Well we are down about 20 % and I think that unless the market tanks - it is going to be a slow climb back to the 34 range - unless there is news of some note. Saw the Stern show it was OK , but I am sure that there will be improvements as they get into the swing of things. The main think re the show is that the show basically costs nothing and people are lining up to buy the ads - sounds like profit to me. Anyone have the closing dates for the process control deal and the MK deal. I belive that the new season shows start next week - it will be interesting to see how they play. Anyway, now that we have had a 20% hair cut I am ready for this one to get back to the 30's again Guy : If you have options for the year 2000 and it is taken over or it merges - what happens? Dan: Still think that it will be TWX and even thought I am running out of time - will email you soon. John

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