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


To: ED_L who wrote (2673)10/1/1998 8:20:00 PM
From: Brewmeister  Read Replies (1) | Respond to of 4613
 
Evening sports fans. Another bloody day in the world dome with spectators and players alike barfing at the very site of the carnage....Film at eleven.

I'm going to guess tomorrow will be a bounce up as two sharp days down in a row is enough .

Once again, Mel is out making staements to help the stock. Don't know if he can as I think they need the numbers. May have to wait until October and see what Mel was talking about.

Re: HDTV - CBS's broadcast will look about the same at the end of the day since 99.99999% of the people will view on a regular TV. Only a very few have plunked down the 20K for a new HDTV flat panel set.

But...it is good they will drive the market. Hopefully there will be something in it for them.

ANyone starting to get used to the down market? If so, perhaps it is a sign it is nearly over. I would hope so, but I hear much mooing.

Have a good night.
Dan



To: ED_L who wrote (2673)10/2/1998 1:38:00 PM
From: Patrice Gigahurtz  Read Replies (1) | Respond to of 4613
 
Ed: Regarding HDTV. The way I look at it the multi-casting aspect which digital could provide more of an immediate impact in the marketplace. Thus, in my view actual appeal for HDTV could lag the interest in multi-casting which unless I am wrong is sort of like free cable (?) in that several programs could be broadcast (over free air) into the viewer's receiver (within their assigned HDTV spectrum).

Thanks

PS: I think John noted that with low % rates people will go into stocks but that hasn't worked (yet) in Japan where they have sub 1% interest rates and stocks still tanked. I wouldn't bank on low % rates helping stocks. This market needs some earnings reports which offer some evidence of hope. I just hope CBS comes through this qtr. Look what the market did to SFA this morning; a 40% drop !

Thanks