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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 34.37+1.0%9:38 AM EST

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To: ED_L who wrote (2682)10/3/1998 3:31:00 PM
From: Patrice Gigahurtz  Read Replies (2) of 4613
 
Ed: Is the 'street' then saying that they value CBS' future growth better than a stock that currently trades at a lessor price to sales ratio ? If MK delivers that the 3rd will be better and the 4th better than the 3rd; coupled with the Infinity IPO, continued improved demo ratings and I hope remaining WX division deal closings maybe the stock could be much higher ? I timed my re-entry into CBS wrong when the DOW went to 8500 and CBS had dropped -15 % from $34 3/4 to $29 1/2. Then I got more at $26 1/2 and got a bunch of CBS April-30s calls too. So I got my rentry CBS 'buy' when the market was just feeling a bit fainty instead of when all hell was breaking out. In an effort to get more $$$ out of this 'bull' I have had to endure loss of sleep.

PS: Japan made a big positive move today and maybe after they continue their meetings with the G-7, USA, etc, this mess could be better controlled ?

Thanks
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