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


To: John M Connolly who wrote (2512)9/12/1998 4:56:00 PM
From: ED_L  Read Replies (1) | Respond to of 4613
 
Since I spent more time than I have in a long while on CBS.com reading the Lawinsky story, I would image a few million other viewers did likewise. The story should be good for at least a 1/2 point for CBS.



To: John M Connolly who wrote (2512)9/12/1998 8:38:00 PM
From: Patrice Gigahurtz  Read Replies (1) | Respond to of 4613
 
"While I have to admit to impatience - in this market to be down just 30% is really not too bad..." !

What ! "30% is really not too bad" ! Just wondering what % drop would qualify as REALLY BAD in your mind ? Are you suggesting that just because in the last 30days we have seen drops of:

Jacor Comm -22%
USAI -26%
AMFM -54% That's -54% drop in last 30 days !
CCU (Clear Ch) -31%
Disney -27%
WONE Radio -35%

Oh, by-the-way, General Electric is down -13% in last 30 days.

And last, but not least radio listeners -29% CBS CBS CBS CBS -29%
in last 30 days and, "While I have to admit to impatience - in this market to be down just 30% is really not too bad..."

Please..... -29% in last 30 days is bad, real bad. I mean bad. Yeah sure AMFM is down -54% in 30 days but -29% is bad, not good, but bad.

Also, if the DOW high was 9337 and we are at 7795 thats a -16.5% drop NOT -29% but instead the DOW is down -16.5% So what do you mean by, "in this market to be down just 30% is really not too bad..." when the DOW is down -16.5% versus -29.5% ?

Thanks



To: John M Connolly who wrote (2512)9/15/1998 12:30:00 AM
From: Lawrence Petkus  Read Replies (1) | Respond to of 4613
 
Hi John,

Nobody seems to be stating the obvious about Jordan: he's taken billions and billions of dollars in capital, played a shell game worthy of any carny and can show only 1 cent earnings!

How many arbitrageurs, bankers, execs, lawyers, and buddies have become multi-multi millionares due to these machinations (this is a personal opinion not based on any know facts- just seems like common sense to me)? What do the shareholders get? One stinkin' cent.

Anybody notice we went from 300+ million shares to 700+ million outstanding?

Cashflow mashflow. This company has consistently and miserably failed to bring home the bacon. This shill game of constantly changing assets and NEVER bringing home a single year of decent earnings is pathetic.

As a long long time lurker and shareholder, I have to agree with you: Jordan must go.

I enjoy the comments from all the people on this thread, but ad revenues could dive (as in recession) and we could be holding this turkey for a couple of Thanksgivings.

Instead of moving a bunch of peanuts around the table for another decade, its time management brought home the bacon. We just bought CBS and Mel's stations and now we have to spend countless millions more f'ing around with them. This is disgusting. Its an out and out admission of failure. Now you see it, the company, now you don't. What you really don't see are honest to goodness earnings. This management needs to be tossed out. Excuses, excuses, excuses. Spend, spend, spend, but no earnings. Jordan must go.

Thanks for your comments,
Lawrence Petkus