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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 (2670)	10/1/1998 6:57:00 PM
From: John M Connolly	Read Replies (1) \| Respond to of 4613

Patrice: The 1/4 fed rate decrease IMO was only the first of a number - I would guess two more - then there will really be no place to put your money except in the market. The markets are not out of control - what has happened is that for many this is the first decline that they have experienced and they are running to the lifeboats. Markets act this way UP & Down - I do not belive that we are on the Titanic. Re CBS: I am not concerned about my investment as it would have to fall below $14 for me to start losing money but it will not come to that IMO. A year ago we were saying that one of the reasons to hold CBS was that it was an all domestic revenue source company - that has not changed. Most of the other reasons likewise are still in place - I am prepared to wait it out. John