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


To: TTOSBT who wrote (2975)12/4/1998 8:11:00 PM
From: Larry S.  Read Replies (1) | Respond to of 4613
 
Another possible reason for the stall. A lot of us are expecting CBS to run on a successful INF IPO. Today, UBID came public and ran big time. MALL, which owns a big stake in UBID and had run up in the past 2 weeks, actually went down today. perhaps the market is fearing the same for CBS. I feel there is a significant difference because MALL ran from 9 to 63 in the past few weeks, and today was down 9 to 26. It also and was part of the whole internet hype. CBS/INF is a lot more solid. larry