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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 34.26-6.1%3:59 PM EST

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To: Patrice Gigahurtz who wrote (2696)10/6/1998 3:48:00 PM
From: Sonny  Read Replies (2) of 4613
 
One thing I've learned Patrice, watching CBS stock for years (WX decades): its got its own stomach-churning momentum, its own color and its own life. It usually turns around right out of nowhere, and starts climbing back to its old highs, when everybody, all small/moderately-big fries have vomited-out off the stock, after they can't take the churning of the guts anymore. Your reply kinda reminded me of that classic (nostalgic?) turning point in the life of CBS stock ... if it were that simple, I feel comfortable predicting that now it will turn around and hit 36 in the next few months! :-) Looking at company officers' public statements so far recently, we have every reason to believe in this scenario! I would hold tight the rest and won't sale to these bargain-hunters at these rock-bottom clearance-prices. Why should I give them away this much quality for free, when the upside momentum has really picked-up for the business. Stock price up momentum has to follow it (the business); hence, I wouldn't worry too much about it. Thanks for your post.

regards to all,
-/Sonny.
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