VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 34.26

-6.1%

Nov 26 3:59 PM EST

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To: BeanCounter who wrote (2688)	10/5/1998 3:46:00 PM
From: Patrice Gigahurtz	Read Replies (1) of 4613

Beancounter: I don't know if you shorted CBS or not but if you did at these prices hoping for $17 to $19 I'd have to say you have guts. Why ? Well if they keep improving TVnet ratings, keep improving key demo group gains, report 3rd qtr numbers that make the 'street' satisfied, close those remaining WX deals, reduce op costs, and I assume buy-back stock then how the heck do you see $17 to $19 as a trading range ? I assume your looking for a much more dramatic general market decline ? If so, what do you make of todays' late DOW rally off todays' lows ? As you know the last hour has of late been suspected of being most attended by funds. So if funds are indeed buying on the dip how do you see the general market tanking to sub 7000 which I assume would yield your desired $17-$19 ? PS: I think last week's ratings are out tomorrow (?) and if they are good than what do you think CBS will close at tomorrow ? Thanks

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