VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 30.82

-0.7%

Dec 24 12:59 PM EST

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To: d-fndr who wrote (2605)	9/25/1998 2:40:00 PM
From: Patrice Gigahurtz	Read Replies (1) of 4613

Tell me if I did something new dumb: I had Jan30 CBS calls that I bought several weeks as at $2 5/8th. Today I sold them for $1 1/4 and right away bought April30 CBS for $2 1/4; a 1 point difference between the two calls. So I pick up three extra more months for $1 more. My reason ? I figure by April '99 that maybe the WX stuff could be out of the equation, IPO Radio could have been more than just testing the waters, and 1st qtr '99 could be mostly media related, coupled with a final rundown of the fall and AFL results. Did I do something reasonable or was I just throwing more $$$ down the drain ? Thanks

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