VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 35.62

+4.0%

11:36 AM EST

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To: John M Connolly who wrote (2691)	10/5/1998 9:46:00 PM
From: ED_L	Read Replies (1) of 4613

Mr. Beancounter may not have provided substantial supporting data for his assessment of 17-19 however, there is no strong indications that he will not be correct. CBS has provided no real strength in this market and hit a low of 22.87 today (and a low of 21.87 just a few days ago). Those figures are really just a few points away from Mr. Beancounter's figures. With no strength in the market or CBS I could see the stock easily drop to 18 range. Wishful thinking will not cause it to rise back to 34-36, we have to see some good earnings and with the profit pressure most CBS customers are under I don't see CBS doing that well anytime soon.

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