Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John M Connolly who wrote (3163)	1/9/1999 10:37:00 PM
From: MGV	Read Replies (2) \| Respond to of 4613

For at least six months, the network, in terms of perceived asset value has reminded me of Citicorp in 1990, Merck in 1993, Chrysler in the late 80's, and (you may here add any valuable asset at the bottom of its perceived range of valuation as dictated by market sentiment). The network is perceived as an albatross. It is not so. Without ignoring deteriorating industry fundamentals for networks, it remains a very valuable platform for distribution of content (can you say "syndication?" <S>) and a valuable brand. This is a legitimate opportunity to "buy low." If the worst thing you can say about CBS Corp. is the network (and it is), then I'll take CBS Corp. to the bank. No one will be getting my shares at the current price. I may be getting theirs. Gigahertz, Have you any more to sell?