Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (2423)	8/27/1998 4:55:00 PM
From: MGV	Respond to of 4613

John, There is no question that this restructuring is fully consistent with a break up. Nonetheless, my read is that Karmazin is in no hurry to sell. He is setting this up to sell from strength. And I think he will but, its not in the cards for now. Mark

To: John M Connolly who wrote (2423)	8/27/1998 5:21:00 PM
From: Brewmeister	Read Replies (1) \| Respond to of 4613

What an amazing day. To me, other than the cost cutting, this is really the same company with a different look. The same elements still generate revenues. But, perception is reality. What would CBS have done today in an up market? John, Re: the bet. (Hmmm...looking for a way out? LOL) CBS will still be broadcasting football (IMHO), even if they have set up the company to sell it off (maybe). My call would be we are still on since CBS is still in the same businesses it was. Regards, Dan