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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 28.95-2.1%Dec 31 3:59 PM EST

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To: Patrice Gigahurtz who wrote (2436)8/30/1998 5:54:00 PM
From: ED_L  Read Replies (2) of 4613
 
Note that the previous low of the day was on Jan 12 when it hit 27.87; on 8/25 it closed at that exact same point and then proceeded to rally on heavy volume the next day. If you draw a line across the tops for the last 6 month, will get a down sloping triangle which if it were to rise and touch anytime soon would hit at approximately 34.3. If it gets to that point I would consider some hedging to protect gains/selling some stock. Appreciate you comments in USA Today.
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