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: ED_L who wrote (2678)	10/2/1998 10:35:00 PM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 4613

ED: I used to own SFA in the 80s and did ok. I recall when I bought some in the $3s. I got out at $9 and then it really went up (of course). So when I saw the damage the market did to it in less than a hour I had to reflect back on SFA's old days. By-the-way; I have a note to myself from XMAS eve 1997 that indicates then WX was at $27 1/4. Heck the DOW wasn't anywhere near where it is now so can that $27 1/4 be right ? Also, remember that front page Barrons "CBS Rising" article from March 1997. I still have it. Then WX was at $17ish with the DOW at around 6890. In that issue they indicated estimates for CBS' media elements cash flow at $1billion for '97. They also indicate earnings-before-ITDA between $1.5 and $1.60 per share for '97 and improving to $2.13 for '98. Do you know if that estimate made in early '97 actually reached $2.13 for '98 ? Also, within the same 3/97 article an it was suggested that the stock could hit $25 ! Heck that's where it is now ! Thanks