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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 cdndiamondson Jul 25, 2005 3:21pm
391 Views
Post# 9318400

RE: NEW INVESTORS

RE: NEW INVESTORS I agree Monsieur. That said, two things keep running through my head. First as i pointed out before, Andre did not sell a share after the last news release. Previously he had sold between 10 and 20 thousand shares after every news release for a toltal of about 75,000 shs sold this year. This is very prudent on his part (to be selling and therefore diversifying) as he to this day has more than 1.5million shs (incl.options). For a guy who has never had anything and now has propelled his net worth to over 11 million dollars it's almost crazy to not take something off the table at these levels. His not selling this time around tells me that he is not willing to take 50 cents on the dollar as he has found something that will instantly take the share price over $10. That coupled with this comment from Beaufild chief Jens Hansen which was posted here from the Ottawa Sun... "Beaufield chief executive Jens Hansen recently returned from the Quebec wilderness, where he saw how Virginia is expanding its presence in the area. Hansen said it's a promising sign. "I think they're downplaying it, but there are 60 people in their camp and they have drills in there now," he said. "I think they're onto something." Hansen said the Virginia camp had 30 people just a few months ago." I believe he alluding to something "away" from the main Roberto. My guess is news tomorrow.
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