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: Patrice Gigahurtz who wrote (2836)	10/31/1998 12:56:00 PM
From: John M Connolly	Read Replies (1) \| Respond to of 4613

The Barrons article that Patrice refers to says - I will give the short version. Jordan tried to rein in Karmazin because he though that he was being too hard on the news division and lacked sensivity to the integerity of the new division. Karmazin apparently told the board that either Jordan goes or he would go , the board told Jordan that it was time to take his retirement three years early. My opinion, Jordan was stupid to take on Mel, he should have known he would loose - look for Reynolds to retire soon also. Jordan and Karmazin would never have lasted long anyway one came from the corporate structure and the other was an enterprising business man. Look for more changes at the network. John