SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 29.84-7.6%Dec 12 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John M Connolly who wrote (2534)9/16/1998 7:51:00 AM
From: Hollywood  Read Replies (1) of 4613
 
Excerpt from CBS.Marketwatch:

Jags Dubashi, an analyst at Hewlett-Packard Benefit Fund Investments... also likes CBS Corp. (CBS), a 50 percent owner of CBS.MarketWatch.com. He approves of the company's recent decision to spin off 20 percent of its radio group to the public, a move calculated to boost its lagging stock price. The analyst doesn't doubt Chairman and Chief Operating Officer Mel Karmazin's radio savvy but said Karmazin "has to prove he knows what he's doing" at the television network. Dubashi said he'll be impressed if the network can boost top-line growth through the cost-cutting measures it's undertaking.

CBS shares could rise Wednesday when the company makes a presentation at the San Francisco NationsBank gathering.


biz.yahoo.com*http://cbs.marketwatch.com/archive/19980915/news/current/media.htx?dist=yhoo&source=htx/yhoo

Are announcements imminent?

Hollywood
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext