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

To: Patrice Gigahurtz who wrote (2598)	9/24/1998 9:39:00 PM
From: John M Connolly	Read Replies (2) \| Respond to of 4613

ALL: Just a thought on the sale of 70% of Telenoticas (sp ) to this Mexican company. now they have put a good face on it - but CBS just bought Telenoticas a couple of years ago and now they are selling it? To me this looks like top management is out of control - they are playing a shell game with assets and we still have no earnings! If Jordan and Reynolds are to earn their big bucks and all those options they get we need to see some earnings, and less switching of assets. These guys make the big bucks - do you think that they have heard of a "Business Plan" ? Can they see past the next qtr - well they did not do so good last qtr with their earnings off 100% two weeks out. Well all those media stocks that yesterday had big gains fell a little today - CBS which had a little gain yesterday fell a lot today. John