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


To: TTOSBT who wrote (3198)1/12/1999 8:23:00 AM
From: Brewmeister  Respond to of 4613
 
CBS will continue to do its own thing. IMHO, it will rise further.

A while back CBS made the comment that they will break even on NFL. Wouldn't most have thought a loss in the first year? I seem to recall a loss was the expectation.

Leader in TV overall viewership - not losing as many as the other guys. Guess the "over the hill" crowd is not as fickle and perhaps loyal. May turn out to be a very good audience after all.

News - looking to cut back, buy from CNN, rumors, etc. Now, AOL, Market watch, who knows what else is cooking - Who mentioned internet (related) company.

Infinity IPO, raises cash, reduces earnings sucking debt...

Radio...Mel....

nuff said.

Brew



To: TTOSBT who wrote (3198)1/12/1999 2:21:00 PM
From: B. A. Marlow  Read Replies (2) | Respond to of 4613
 
Good question, TTOSBT.

DBCC will likely sell off due to massive shorting. This tends to happen with small-cap parents of Net spinoffs. Even happened to USAI upon the spinoff of TMCS. Not with CBS, though. Too big and diversified.

MKTW will rise smartly, SPLN should participate as well. CBS may be up fractionally on IPO day, unless it breaks out prior, in which case it could get carried up over a point--to new highs--with the IPO.

Look at the action in DIS this week. Best momentum since last April. Been a dog until now...

BAM