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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 31.03-6.4%3:59 PM EST

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To: John M Connolly who wrote (3249)1/22/1999 6:58:00 AM
From: John M Connolly  Read Replies (1) of 4613
 
ALL: Fortune Magazine dated 1 st Feb has a large article on the future of Network news. Also in thesame issue is a story that there
maybe a deal between Lycos and CBS. I hope not! I have seen reports that the German media company Bertlesman ( sp ) may have the inside track with Lycos. I hope that CBS stays clear of the internet
for the near future - as there is little or no justification for the prices that people are paying for these shares. When the shake out comes it is going to be ugly.
John
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