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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 32.01+6.2%Dec 17 3:59 PM EST

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To: Patrice Gigahurtz who wrote (2624)9/28/1998 3:12:00 PM
From: John M Connolly  Read Replies (1) of 4613
 
Patrice: Diller & NBC - I do not know, some big ego's involved
and then you have VO's Chairman Bronfman ( sp ) if they do a deal I will be surprised but with everyone trying to cut cost and get this vertical integration - anything is possible.
Re CBS softness today. I think that there are a lot of pissed off investors out there- a lot of media companies are up strongly for the year and CBS is down - makes you wonder what top management is doing?
We know what Mel is doing he is running the company! The others are doing strategic thinking.
Rating are starting to look good - Moonvenes must be doing his job,
The guy in charge of Sports I think his name is Kelly appears tohave a handle on what he is doing.
On top of all this we have HDTV hitting the airways in a couple of weeks. Something however IMO will be happening soon.
John
PS. Of course in four weeks we have earnings - a little profit would also help - I am looking forward to seeing how many shares they have repurchased.
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