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

To: d-fndr who wrote (2605)9/25/1998 2:40:00 PM
From: Patrice Gigahurtz  Read Replies (1) | Respond to of 4613
 
Tell me if I did something new dumb: I had Jan30 CBS calls that I bought several weeks as at $2 5/8th. Today I sold them for $1 1/4 and right away bought April30 CBS for $2 1/4; a 1 point difference between the two calls. So I pick up three extra more months for $1 more. My reason ? I figure by April '99 that maybe the WX stuff could be out of the equation, IPO Radio could have been more than just testing the waters, and 1st qtr '99 could be mostly media related, coupled with a final rundown of the fall and AFL results. Did I do something reasonable or was I just throwing more $$$ down the drain ?

Thanks



To: d-fndr who wrote (2605)9/25/1998 5:08:00 PM
From: Brewmeister  Read Replies (1) | Respond to of 4613
 
If they keep going with this strategy, it should not be too long before they get to the network itself.

Hope they get their game plan publicized and implemented pretty quick.

Dan


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