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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 36.49+1.1%Nov 25 3:59 PM EST

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To: MGV who wrote (2704)10/7/1998 3:53:00 PM
From: John M Connolly  Read Replies (1) of 4613
 
Darkgreen: Did yousee the new today on Yahoo re the Digital Radio - what is your take on it? My opinion is that we are missing the importance of this. This technology is owned by CBS and Gannett and apparently is ready to go. I have heard it described as the same as the difference between TV and HDTV. CD quality over the airwaves. In every crisis there is an oppertunity - CBS is in a strong position and with this downturn media properties will be cheaper. Overall this drop in media prices could spur the TV groups
to cut some of the excesses out of their operations beyond what is already planned.
John
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