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


To: Sonny who wrote (2571)9/21/1998 5:14:00 PM
From: Brewmeister  Respond to of 4613
 
Still, a disappointing day overall. I thought the CBS opening was simply the market, but it never really recovered. Slight up tick late, but not very strong.

Radio had 198M in EBIDTA last Q. at 25 times, that's about $5B. Seems low. What is a reasonable multiple on cash flow?

The CBS marketwatch report must be an error. Thought I read the IPO will bring in $10 MILLION. Can't be right. Could they mean a Billion?

Regards,
Dan