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 (2700)	10/7/1998 5:57:00 AM
From: ED_L	Respond to of 4613

With Asia very strong and Europe moderately strong CBS must put in a good showing today. If instead it continues to fall then we can expect Beancounter's predictions to come true. PS. My technicals are still not showing any sign of turning around yet.

To: Brewmeister who wrote (2700)	10/7/1998 9:29:00 AM
From: John M Connolly	Read Replies (2) \| Respond to of 4613

Hi Dan, There is a very interesting piece on Yahoo Entertainement news re the strength of ad sales and the effect on the media shares. OOPS, Hollywood beat me to it. It would not surprise me if the IPO of INF was put off until this correction in the market has run its course. I am still waiting for my first look at HDTV! There are some concerns with the high debt ratio of some of the media shares and it is possible that some of the more extented companies may have to sell off some properties - it would be my opinion that CBS maybe able to take advantage of the situation as they are on pretty solid ground. ON A SIDE NOTE : Because of the diversity of people who read these threads , from regular guys trying to make a living - all the way to the opposite end of the spectrum - I have a real problem with people who try to scare less informed investors with statements that are not based in any facts. Someone who is short a stock will try to post negative facts hoping to scare some shareholders into selling - over on the Yahoo boards it is full of it. I do not belive that this is fair and I would like to keep those posts off this thread. I want opposing opinions and to get the reasons for those opinions as the other guy may be a lot smarter that you. I learn a lot on these threads and I would like to keep them as a source of good information and the exchange of opinions which can be questioned for their basis in fact without the writer getting his or her knickers in a knot. John PS. Looks like it could be another rough day in the markets - it will be interestint to see how CBS goes - either with the market or against it!