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


To: Guy E. Fleming who wrote (3083)12/29/1998 10:48:00 AM
From: John M Connolly  Read Replies (1) | Respond to of 4613
 
Guy & ALL: Well here we go again - market down - CBS up , this one never ceases to amaze me. Does anyone keep a close eye on the financial strength of CBS. They just got about $2.7B from INF , the rates the TV side is getting has got to be up due to the fact that they are leading in ratings ( Yeah - I know about the demograghic short fall ) 60 minutes ll hits the air in two weeks. Jack Welch of GE said that NBC is worth $15B and currently CBS leaving out INF is worth about $2.8B.????? Getting back to the financial strength - does anyone know what the debt is ? I belive that pension Liability is down to under $1B - and we still have to sell off the nukes . Is there anything left to sell from the old industrials?
John