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

To: John M Connolly who wrote (2691)	10/5/1998 9:46:00 PM
From: Jay Judell	Respond to of 4613

To all: I am for CBS going up..I have plenty of stock..The question is besides fundamentals, are any of you technical Chartists and have any predictions on price and volume and trends?? Go CBS Jay

To: John M Connolly who wrote (2691)	10/5/1998 9:46:00 PM
From: ED_L	Read Replies (1) \| Respond to of 4613

Mr. Beancounter may not have provided substantial supporting data for his assessment of 17-19 however, there is no strong indications that he will not be correct. CBS has provided no real strength in this market and hit a low of 22.87 today (and a low of 21.87 just a few days ago). Those figures are really just a few points away from Mr. Beancounter's figures. With no strength in the market or CBS I could see the stock easily drop to 18 range. Wishful thinking will not cause it to rise back to 34-36, we have to see some good earnings and with the profit pressure most CBS customers are under I don't see CBS doing that well anytime soon.