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Viacom Inc. VIAB

Viacom is a global media company with several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Viacom has also built several online properties on the strength of these brands. Viacom's Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Godfather and Transformers series. Viacom was spun out of CBS at the end of 2005.


NDAQ:VIAB - Post by User

Comment by ChuLai70on Oct 08, 2005 5:49am
183 Views
Post# 9674914

RE: situ valuations of Virginia

RE: situ valuations of VirginiaI haven't seen the Cannacord report. Was it prepared before the latest drill results? I would prefer to get more of a consensus from independent analysts following this latest update and run in the price of gold. Virtually everyone was in agreement that the stock was ahead of itself based on the reserve estimates relative to drill results thus far. Virtually everyone seems to be in agreement that they will be bought by a major sometime this year or next and that they lie in a mining secure area with infrastructure capability that is reasonable to develop a mine. Recognizing these factors I acknowledge that it is premium priced based on the knowns so I'm not adding yet but I'm not going to give up the position I have even it range trades for several more months. I think I speak for most holders in that they are okay to hold at this valuation based on the confidence that much more good news will continue. I rambled and I apologize for not really adding anything that the pros like Bishop, Day, Casey, and Raulston have already written. On a final note, while it is healthy to view all analysis with reserve, I tend to favor the boys that make their living like these on the quality and independence of their research rather than from potential conflicts of interest with servicing investment banking and institutional clients like the brokerage houses.
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