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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 (2954)11/30/1998 6:40:00 PM
From: TTOSBT  Read Replies (1) | Respond to of 4613
 
Re: "It's not CBS that worries me it's the entire market gyrations that keep me from full participation."

First of all if you wait until all the world problems are fixed before full participation you'll not doubt be paying very high prices at the top.

How long and how many times do we have to worry about what, when and why Japan and the rest of the world will get their act together. When we the USA was in a recession Japan was flying. Every company was moving offices there. People were learning to speak Japanese as though that will be the corporate language. I remember the managers at company I work for were so worried about what the Japanese were complaining about until we no longer had an office there, they moved to Singapore.

Everyone accents the negatives in the world everytime some high flying stocks take money off the table. The European, US and Chinese economies are booming. The US just gave Brazil a bailout for the next 20 years. Japan has just started to work on fixing their banking problems but their citizens are savers and are afraid to spend.

To conclude CBS will make more money off INF cause instead of owning 100% of a company they owe 1.5 billion dollars in, they will own 80% of that money making company without debt! They will use any left over money for selling that 20% to buy additional profit making ventures. It's current head own's a majority of CBS and he wants the stock to rise not like the former corporate boys. It makes no different what happens to the rest of the world CBS is out to gain. To realize that now will allow one to gain with them to wait will allow one to miss it.

TTOSBT