VIAB (Viacom Class B shares) formerly CBS Message Board

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

VIA 33.04

-2.9%

Dec 4 3:59 PM EST

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To: John M Connolly who wrote (2930)	11/23/1998 8:29:00 PM
From: Ken Sammut	Read Replies (1) of 4613

John, It is good to see that muscle on Yahoo likes at least one person (you). His posts are informative and I think he is right on with his forecast but wish he would lighten up on the name calling. With the Infinity IPO, CBS will be able to get rid of a bid chunk of it's debt. I have been in Viacom for as long as I have been in CBS and it has been amazing how well VIA has done this year as they have slashed their debt. IMO, companies with little debt and large cash flow will be well rewarded over the next 12 months with higher multiples. I will be adding to my CBS position and start buying some long term calls again. A successful Infinity IPO could get CBS over 40 within a short period of time. We just need to be patient over the next couple of weeks. It would be an added plus if the overall market stays strong or at least moves sideways. Ken

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