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: Brewmeister who wrote (2622)	9/28/1998 10:47:00 AM
From: Patrice Gigahurtz	Respond to of 4613

Dan: I remember once, I think last year, getting out of CBS at $20 1/8th and missed the Alex Brown upgrade move that took CBS significantly higher. Now look at it ! Even on a up day 'she' is soft. Of course AMFM is soft too today and Jacor is up. Perhaps its all related ? Dan, gut feeling; what's your read on CBS' soft performance since closing at $28 5/8th 6 days ago ? It's down -12 % in 6 days while the DOW is moving upwards ! What's going on ? Could it be related to the Jacor speculation(s) ? Wouldn't Jacor be a plus rather than a negative ? Or is the cost the problem ? By-the-way: According to their last SEC 10-Q 8/14/98 wasn't there supposed to be a WX unit sale closing this qtr ? If it closes soemhow within this current 3rd qtr will the results be relfected in 3rd numbers ? Thanks