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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 11.000.0%Jun 13 5:00 PM EST

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To: John M Connolly who wrote (2512)9/12/1998 8:38:00 PM
From: Patrice Gigahurtz  Read Replies (1) of 4613
 
"While I have to admit to impatience - in this market to be down just 30% is really not too bad..." !

What ! "30% is really not too bad" ! Just wondering what % drop would qualify as REALLY BAD in your mind ? Are you suggesting that just because in the last 30days we have seen drops of:

Jacor Comm -22%
USAI -26%
AMFM -54% That's -54% drop in last 30 days !
CCU (Clear Ch) -31%
Disney -27%
WONE Radio -35%

Oh, by-the-way, General Electric is down -13% in last 30 days.

And last, but not least radio listeners -29% CBS CBS CBS CBS -29%
in last 30 days and, "While I have to admit to impatience - in this market to be down just 30% is really not too bad..."

Please..... -29% in last 30 days is bad, real bad. I mean bad. Yeah sure AMFM is down -54% in 30 days but -29% is bad, not good, but bad.

Also, if the DOW high was 9337 and we are at 7795 thats a -16.5% drop NOT -29% but instead the DOW is down -16.5% So what do you mean by, "in this market to be down just 30% is really not too bad..." when the DOW is down -16.5% versus -29.5% ?

Thanks
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