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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 36.30+0.6%3:59 PM EST

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To: Brewmeister who wrote (2861)11/6/1998 8:08:00 AM
From: Hollywood  Read Replies (1) of 4613
 
CBS is being added back into the S&P 500 (actually the S&P 100).
This should lend more support to the stock as index funds buy into it.

biz.yahoo.com

Also, CBS launches new cross-media sales unit

CBS Corp. (CBS) said Thursday that it's launched a new corporation-wide, diversified sales unit intended to be a one-stop shop for advertisers who want to reach consumers of television, radio, billboard and Internet media.

biz.yahoo.com*http://cbs.marketwatch.com/archive/19981105/news/current/media.htx?source=blq/yhoo&dist=yhoo

This is designed to get more ad sales along the lines of the Pennzoil deal reported a while ago.

Hollywood
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