VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 36.49

+1.1%

3:59 PM EST

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To: MGV who wrote (2650)	9/30/1998 8:47:00 AM
From: Larry S.	Read Replies (2) of 4613

Well put, Darkgreen. I agree, CBS is a screaming bargain at these prices. It is a joke when you look at the prices of the net stocks with no revenue and no earnings, and then see CBS hit because of one analyst's lowering of earnigs expectations. Of course, earnings are important, but it is business plan, management, market niche, etc that really determines the future value of a company. CBS is in position to finally capitalize on its assets and position, whether their is a takeover in the wings or not. I think the Infinity IPO will proceed. Radio stations has been a strong business recently. To look at Goldman Sachs (a financial co) postponing their IPO is a whole different case from CBS's Infinity IPO. Financial Cos are in the tank right now, so of course it is not a good time for an ipo in that field. Hang on guys, and if you have guts and brains, buy more at bargain basment prices. larrry

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