VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 50.85

0.0%

Nov 7 9:30 AM EST

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To: John M Connolly who wrote (2568)	9/21/1998 7:52:00 PM
From: Patrice Gigahurtz	Read Replies (1) of 4613

John: maybe 7 trading days ago CBS closed at $24 1/6th, right ? And didn't 'she' intra two Fridays ago hit $23 7/16th ? Now if your accept that $24 1/6th as a recent closing low than Fridays' close at $28 5/8th represents a whopping 19% gain in 5 days ! And even at todays close at $27 1/4 'she' is still up 13% in 6 days ! So maybe its just profit taking by those that need hard profits to offset lots of losses ? I mean with all the margin calls that I assume have been rolling in wouldn't you also take profits to pay off margin calls ? The way I look at it CBS is making progress in the ratings game. I, as a CBS investor think their AFL coverage is top notch. Lets look at the ratings for Sat (college football overtime game) and Sun AFL dble hdr results before jumping off a bridge. Also, lets look at whether those youthful targeted prime time Sat shows did well ? Lets see if Sun prime is still strong. Thanks

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