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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 30.47-1.3%Dec 26 3:59 PM EST

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To: TTOSBT who wrote (3198)1/12/1999 2:21:00 PM
From: B. A. Marlow  Read Replies (2) of 4613
 
Good question, TTOSBT.

DBCC will likely sell off due to massive shorting. This tends to happen with small-cap parents of Net spinoffs. Even happened to USAI upon the spinoff of TMCS. Not with CBS, though. Too big and diversified.

MKTW will rise smartly, SPLN should participate as well. CBS may be up fractionally on IPO day, unless it breaks out prior, in which case it could get carried up over a point--to new highs--with the IPO.

Look at the action in DIS this week. Best momentum since last April. Been a dog until now...

BAM
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