VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 25.54

-1.7%

Jan 9 9:30 AM EST

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To: Brewmeister who wrote (2425)	8/27/1998 9:49:00 PM
From: Fred Fraschetti	Read Replies (2) of 4613

Hi all, I perdicted 25 about 2 weeks ago but lowered it to 23.75 .... I think we would of hit it with todays downturn in the market, but CBS came out with some good news... I am not sure who got closer to their prices. I think Patrice had 27 dollars... so we have to figure it out... But the game should not end until CBS breaks 32... I like CBS, I was looking at the LEAPS but was waiting for a further downturn. I just hate this market now.... there were 2000 new lows today... I am not sure that we are at the bottom yet.... We could get a rally from here to 8400 but the next leg down coud be 7500.... its going to take 6 months to fix this market with the damage to it. Most stocks are falling now, even good companies so I'd have some cash laying around.

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