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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: Ken Sammut who wrote (3108)1/4/1999 9:42:00 AM
From: John M Connolly  Read Replies (1) of 4613
 
ALL: The end of the quite period after the INF ipo ended today and there has been a number of upgrades of INF today. I heard this on CNBC this am Morgan Stanley has it on recommended list - Merrill has it as a buy with a target price of $38.00. If anyone has better details please correct this information as I was on the phone at the same time.
If INF were to go to 38.00 and the spreadbetween INF and CBS is 8 -12 bucks - that would put CBS somewhere between 46 and 50.
Happy New Year.
John
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