VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 29.58

-1.4%

Dec 30 3:59 PM EST

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To: Brewmeister who wrote (2452)	8/31/1998 7:10:00 PM
From: Patrice Gigahurtz	Read Replies (1) of 4613

Dan: Step back and recall Oct '97 when 1st wave of Asian woes dropped the DOW to 7400ish to 7580ish in three trading days. If I recall CBS at that time (during those 3 days in Oct '98) was trading about where 'she' is now. Today, I think CBS is a much stronger company than Oct '98 and several good things could happen during the rest of '98 (Infinity IPO & WX sale(s) closing). Plus, there is that stock buyback program as well. If you look at today's CBS 1-min trading pattern it did not appear to include big block trades which I would define as 100k or higher. At first I was stunned when I saw the loss, but I have confidence this is a sell-off driven by fear rather. PS:Any thoughts regarding todays' Moody CBS evaluation ? Thanks

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