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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 (2722)10/8/1998 4:09:00 PM
From: Patrice Gigahurtz  Respond to of 4613
 
Do you believe this comeback ?

And AMFM hit low $20 and still ended the day up ! What does that tell you ?

I was so sick when I heard today $18 for CBS...SICK !

Then out of the blue buyers came in and got 'her' out of bed. I'm stunned how AMFM recovered today from $20 1/8th $27ish !! Yesterday AMFM hit $19 ! Then near the close 400k plus CBS buy. There has to be something we don't know. My guess is the radio deal today highlites the value of radios in general ? Also, maybe the Jacor deal means Infinity IPO could actually do well ? And with Jacor out of the mix then maybe that Infinity IPO $$$ can go to lower debt or buyback shares ?

Thanks