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 (2573)	9/21/1998 8:19:00 PM
From: ED_L	Read Replies (2) \| Respond to of 4613

The primary business of CBS is advertising. Look at one of the premier advertising companies in the world (WPPGY) WPP Group. On July 13, it was it was 77, now it's 50. This is comparable to CBS decline. It's not just CBS, it is the industry. American companies are selling less overseas and are going to have less revenue for advertising going forward. This is going to affect not only involved companies but also those that make profits on their ad budgets such as CBS.