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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 (3082)	12/29/1998 9:27:00 AM
From: Guy E. Fleming	Read Replies (1) \| Respond to of 4613

Patrice: Your approach is way too complicated for me but if it works ... good for you! (I always have trouble with "double negatives" like selling puts.) Besides taxes and a run-up potential, aren't you also incurring high commission costs and what if the network is sold -- always a possibility for the "right" price? I like the long-term potential for CBS as it is relatively undervalued, and the fact that Karmazin is a major owner/skilled manager. I prefer the relatively straight forward approach of buying the stock and Jan 2000 30 LEAPS for added leverage. Good luck!