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.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (20241)	3/26/1999 2:25:00 PM
From: lebo	Respond to of 90042

Correct. NEW YORK (AP) - CBS Corp. (NYSE:CBS - news) stock rose nearly 4 percent Wednesday after chief executive Mel Karmazin said the company would soon announce further Internet-related investments. Karmazin, speaking at an entertainment industry conference, did not offer any details about when or where the investments might come, but said he wants to further extend the CBS brand name online and take advantage of Wall Street's hunger for Internet stocks. ''We are committed to being one of the biggest players in the Internet business,'' Karmazin said. He added that it is a remote possibility that CBS could someday spin off its Internet holdings into a separate company.