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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 30.47-1.3%Dec 26 3:59 PM EST

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To: MGV who wrote (2469)9/2/1998 10:04:00 AM
From: John M Connolly  Read Replies (1) of 4613
 
Mark & Fred, Until these markets settle down there is something of a herd mentality on Wall St at the moment - wild swings will be the order of the day with little or no basis infact.
Re CBS: This is only speculation on my part but there could be a board room battle going on regarding the future of CBS and it would not surprise me if the Radio was spun off completely to shareholders and the TV and cable merge with another body. There are so many possibilities we are just going to have to sit back and wait - however I do not belive that we will have to wait too long.
John
PS> On a 20 minute delay CBS is up 3/4 at it is just 10am so we were up 3/4 in the first 10 minutes - maybe we will get back the rest of our 3.50 drop today.
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