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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 25.54-1.7%Jan 9 9:30 AM EST

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To: Hollywood who wrote (3127)1/5/1999 2:18:00 PM
From: lebo  Read Replies (1) of 4613
 
Three reasons why CBS is hitting 50 before in the next 6 months (in order of importance):

-1- AOL alliance ~ $$$$$
-2- INF valuation ~ arbitrage opportunity
-3- Marketwatch ~ hype/more visibility

This was in Business Week:
Mel Karmazin, CBS
1999 may show whether CBS's new CEO is a manager or a salesman. Karmazin, 55, who made his name selling radio ads, engineered the public offering of CBS's outdoor advertising and radio business. He vows he's in TV for the long haul. But the buzz persists that he'll sell the network.
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