VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 29.42

-2.0%

3:59 PM EST

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To: ED_L who wrote (2458)	9/1/1998 6:53:00 AM
From: John M Connolly	Read Replies (1) of 4613

Ed, While there is no doubt that there was a rush to the door yesterday, I do not belive that you have the ingredients for a bear market in place. No inflation, no unemployement, low interest rates, a federal budget surplus - bond supply will dry up. There is really only two places to put your money equities or under your mattress. Futures are up 22 with fair value at +5 so we are positive - maybe a positive open - then we will see if we can hold it. I would think that the buyback program will kick in today. John

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