SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?


To: John M Connolly who wrote (4541)3/27/2002 10:12:02 AM
From: John M Connolly  Respond to of 4613
 
I think that the recent drop in Via.b is a knee jerk reaction. The first quarter is almost over and the recovery in ad revenue is slated for the next three qtrs. I would expect the price to bounce back in the near future.
On another topic: at some point AOL/TW has to reach the bottom, it is currently at $23.00. I would think that this is a price for TWX given the increase in shares outstanding. The only thing I do not take into account is the obligations outstanding on AOL. I read somewhere that AOL is taking a $54 Billion charge this qtr. It is almost at the point that you are buying TWX and getting AOl for free....... it is hard to believe!
John



To: John M Connolly who wrote (4541)3/30/2002 9:25:10 PM
From: MGV  Read Replies (1) | Respond to of 4613
 
"Their old media is underperforming and the new media is not moving ahead fast enough."

Discredit Levin as you may, he has proven to be a shrewd dealmaker and there are two sides to this story.

nydailynews.com.