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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 50.09-0.9%10:21 AM EST
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To: Hollywood who wrote (2576)9/22/1998 7:38:00 PM
From: John M Connolly  Read Replies (2) of 4613
 
Hollywood: I say this tongue in cheek - You have been watching to much of the Clinton video with all that hair splitting. ---- that was a joke!!!!!
Look we have a corp. which will take in something in the order of
$8 BILLION in revenue a big portion of that comes from radio where the margins are up close to 50% and the best that we can come up with is .01 per share in earnings for the last qtr and our great CEO
could not get the figure right three weeks before the release date tells me that we have management that is out of touch with what is going on in the company that they manage and I speak of Jordan & Reynolds. Now to hear that we may make .02 for the third and maybe
if we are lucky .05 for the 4th qtr - these results are not attractive
IMO actually I think that they suck - that is in no way a reference to our Prez.. I do not know what these guys in top management are doing but if they take in $8B in revenue and show a couple of cents
in earnings we are going down hill - keep in mind that in prior years
we had a dividend of 20cents which we do not have now.
Unless there is things going on that we are not aware of - I have to confess to being disappointed.
John
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