VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 27.87

-3.7%

11:55 AM EST

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To: John M Connolly who wrote (2437)	8/30/1998 10:59:00 AM
From: Patrice Gigahurtz	Read Replies (1) of 4613

They (JCOR), according to Barrons closed up for the week +3 1/2 to 60 3/4. They have a 52wk high of 65 3/4. So they were up for the week as was of course CBS up too + 15/16th. I can't find any California news sources supporting your posted info. Unless I missed it I didn't' see it in the LATimes. Perhaps it was just speculation ? I mean didn't MK indicate they could use the $$ from the Infinity spin to buy more radios ? Now let's talk p/e: I am not positive but if you take Barrons' .14 est for '98 woundn't that indicate at $29 1/4 a p/e of 209 ? Is that compatible with other media stocks ? Also, if you take Barrons' est for '99 of .42 could that yield (using p/e 209) a stock worth $87 ? Can this be right ? Thanks

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