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


To: Hollywood who wrote (2582)9/23/1998 2:14:00 PM
From: Patrice Gigahurtz  Respond to of 4613
 
Hollywood: I am still reading it as last qtr rather than last year's qtr. I only have in front of me the Sun NYTimes blurb regarding his statement.

On the another issue I have to agree with John that with the market up and many radios up as well, why is CBS down ? I can see a little profit taking after the quick run-up from low $24ish to $28 5/8th, but heck why is 'she' down today ? Maybe that run-up was stock buy-back buying ? Who knows...but yeah...if 'she' continues to slid I'm not going to feel that confident as I used to feel.

FYI: Now she is up ! Whats going on ?

Having said all that I loaded up for more at $26 9/16th and now I am 100% fully invested in CBS. That even includes a bunch of Jan30 calls which are not attached to any of my shares as covered calls. So if CBS rallies past $30 than I am sitting pretty; if not than I am hurting.

Thanks