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


To: Sonny who wrote (3142)1/7/1999 6:08:00 PM
From: John M Connolly  Read Replies (1) | Respond to of 4613
 
ALL: What a typical day for CBS - martket down and CBS up - what else is new. I forget who posted their feelings that there was not enough
momentum with CBS. If you are looking for action CBS is not the place for that type of action - buy the internet stocks. CBS will rise at a steady pace - a share price of about $50 is not out of the question but it will take a year - and that is OK by me.
When the results are released I belive we will see a new profile of CBS and I belive that it could move the share price.
John



To: Sonny who wrote (3142)1/8/1999 4:38:00 PM
From: Sonny  Read Replies (1) | Respond to of 4613
 
Yep, it was finally treated with due respect today, just like the internet stocks! :-)

- still hoping for that $58 year end target!

- only question I have to ask myself right now is: whether in the short term, are there any brokerage houses left, who have not upgraded it yet? It seemed like its requiring a lot of hand-holding lately. If no one is left to upgrade it anymore, it may just drift down to the short term mean of $28 again! But what the heck, they may even re-bang on the tables again, if it behaves that way, no one prevents them from re-upgrading it, isn't it? :-)

cheers,
-/Sonny.

(Also, please study some other jewels like: GMGC, RNWK and MDM ... looks like not only they have huge potential, but the momentum has just turned in their favor and it would be very nice in the short and long run, imho! You can trust me on that! If needed, you can send me pm's for some pointers on these).