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: Patrice Gigahurtz who wrote (2436)	8/30/1998 8:58:00 AM
From: John M Connolly	Read Replies (2) \| Respond to of 4613

There is a story reported on Yahoo BB out of Califonia . I think that they mean the Sunday papers. It is that CBS is buying Jacor Comm. It gives no details. Jacor Comm owns a local station here and it is one of the best, their share price has doubled in a little over a year. If this is correct jacor would not be a cheap deal. John

To: Patrice Gigahurtz who wrote (2436)	8/30/1998 5:54:00 PM
From: ED_L	Read Replies (2) \| Respond to of 4613

Note that the previous low of the day was on Jan 12 when it hit 27.87; on 8/25 it closed at that exact same point and then proceeded to rally on heavy volume the next day. If you draw a line across the tops for the last 6 month, will get a down sloping triangle which if it were to rise and touch anytime soon would hit at approximately 34.3. If it gets to that point I would consider some hedging to protect gains/selling some stock. Appreciate you comments in USA Today.