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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (2441)8/30/1998 11:33:00 AM
From: Patrice Gigahurtz  Read Replies (1) | Respond to of 4613
 
If they (JCOR) has close to 51-mill shares than at $60 isn't that about 3bill$ ?

What do make of CBS' current p/e ? What is their current p/e I should ask.

Any guess what this week will bring us as far as the DOW is concerned ?

My gut says more of the same but when could we see some leveling off ? Where could the DOWs' bottom be ? Could Clinton's visit to Russia, I think Tue, help the DOW recover some of its' losses ? With the DOW down close to 14% I think (?) and CBS down from recent $34 3/4 in late July to $29 1/4, an almost 16% drop; although at one point during the DOWs' recent woes CBS hit intra low of $25 3/4; about 26 % drop from $34 3/4 in late July. But that $25 3/4 was before the Infinity stock spin was announced.

Thanks