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

To: Larry S. who wrote (2849)	11/2/1998 7:29:00 PM
From: Patrice Gigahurtz	Read Replies (2) \| Respond to of 4613

Larry: There is much more detailed info regarding Infinity IPO at CBS' marketwatch web site. I am real excited about it as I am hoping that it happens soon (this month ?) and helps CBS' stock get over into the $30ish area (again) ? Regarding the IPO does this mean that CBS gets $2.5bill to pay off that note ? Does this mean INF gets the rest of the IPO $ raised ? If CBS gets $2.5bill and pays off that note what will they (CBS) do with the $2.5bill ? Will it all show in the 4th qtr numbers ? Could this be the home run that Barrons indicated Mel K would have to deliver as he "has pointed to the stands" ? That Barrons article over the weekend was also noted in the NYPost today and as I said before I don't buy it. Did the CBS board just learn that Mel K was a cost conscious manager ? I doubt it. Just my 2 cents but I think unless these papers name their sources I don't buy it. Thanks