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

To: MGV who wrote (2469)	9/2/1998 9:51:00 AM
From: Hollywood	Read Replies (1) \| Respond to of 4613

EDITED: CBS Corp coverage initiated by CS First Boston as Strong Buy biz.yahoo.com From Briefing.com: CBS Corp. (CBS) 27 7/8 +5/8: CS First Boston initiates coverage of media company with 'strong buy" and a $45 a share price target..... EDIT: RESEARCH ALERT-CBS started as strong buy NEW YORK, Sept 2 (Reuters) - Credit Suisse First Boston said on Wednesday that media analyst Harry Demott started coverage of CBS Corp. (CBS - news) late on Tuesday with a strong buy rating and a $45 a share price target. -- No further details were immediately available. -- In an interview on Tuesday with television station CNNfn, Demott said CBS was one of his favorite stocks. -- ''I think personally that you're being paid to take away the CBS Television Network right now giving the valuations that radio should have and the other assets should have,'' he said, according to a transcript. Hollywood

To: MGV who wrote (2469)	9/2/1998 10:04:00 AM
From: John M Connolly	Read Replies (1) \| Respond to of 4613

Mark & Fred, Until these markets settle down there is something of a herd mentality on Wall St at the moment - wild swings will be the order of the day with little or no basis infact. Re CBS: This is only speculation on my part but there could be a board room battle going on regarding the future of CBS and it would not surprise me if the Radio was spun off completely to shareholders and the TV and cable merge with another body. There are so many possibilities we are just going to have to sit back and wait - however I do not belive that we will have to wait too long. John PS> On a 20 minute delay CBS is up 3/4 at it is just 10am so we were up 3/4 in the first 10 minutes - maybe we will get back the rest of our 3.50 drop today.