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2005-12-06 Home Front: Culture Wars

CBS shares fall 11% - Not fake, but true

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Posted by Frank G 2005-12-06 17:53|| || Front Page|| [11134 views since 2007-05-07] Top

#1 How do you spell schadenfreude?

Posted by Xbalanke 2005-12-06 18:12|| 2005-12-06 18:12|| Front Page Top

#2 Somewhat fake. The fell from an arbitrarily set initial price. If they fall again tomorrow by a similar amount, that'll be news.

Posted by Fleretch Whavith9323 2005-12-06 18:26|| 2005-12-06 18:26|| Front Page Top

#3 I suspect CBS is going to head downward a lot more rapidly in the future. I doubt few here would find that any reason for sorrow, however.

Posted by Anonymoose 2005-12-06 18:28|| 2005-12-06 18:28|| Front Page Top

#4 I'd like to think you are right moose - but somehow these types always seem to land on their feet.

Posted by 2b 2005-12-06 18:30|| 2005-12-06 18:30|| Front Page Top

#5 Here is its 5-day chart, I think, if you want to track it:

http://finance.yahoo.com/q/bc?s=CBS-WI&t=5d&l=on&z=m&q=l&c=

Posted by Anonymoose 2005-12-06 18:33|| 2005-12-06 18:33|| Front Page Top

#6 Separating the "news" division from the "entertainment" division would certainly clarify things for investors. The "news" division will probably never recover from the Dan/Mary debacle. 60 Minutes has been sucking for some years and has finally been challenged for its skewed slant and bias.

The "entertainment" division, on the other hand has s plethora of winners - all of them "cop" shows, e.g. CSI: trio. Hell, you could take that division and rename it the Jerry Bruckheimer Division. Damned near all their eggs are in one basket. Guess they'd better cut loose the "news" losers -- and watch that basket.

Posted by .com 2005-12-06 18:45|| 2005-12-06 18:45|| Front Page Top

#7 PD - that's what my cryptic post was leading to - good explanation, thx

Posted by Frank G">Frank G 2005-12-06 18:51|| 2005-12-06 18:51|| Front Page Top

#8 The news division has never made money, except, perhaps, for 60 Minutes, which does belong in the entertainment division.

Posted by Fleretch Whavith9323 2005-12-06 18:55|| 2005-12-06 18:55|| Front Page Top

#9 yes, well, look at the new business model, where they save an entire division ("investigative journos") in favor of publishing Leftist press-releases

Posted by Frank G">Frank G 2005-12-06 19:02|| 2005-12-06 19:02|| Front Page Top

#10 CBS? Oh, yeah - they're some sort of cable shopping channel - right?

Posted by DMFD 2005-12-06 20:25|| 2005-12-06 20:25|| Front Page Top

#11 Gotta be those Katie "Sugar Plum Fairy"^* Couric rumors...

^*This IS the Christmas season, after all. Merry Christmas Everyone

Posted by BigEd 2005-12-06 20:37|| 2005-12-06 20:37|| Front Page Top

#12

CBS wants to replace Rather with someone...
And you thought I was kidding?
OK OK It is photoshopped...
But like Dan, it is fake but accurate...

Posted by BigEd 2005-12-06 20:47|| 2005-12-06 20:47|| Front Page Top

#13 .com's got it about right; I was watching NCIS tonight, found it decent, and I was not expecting the plot twist.

Posted by Edward Yee">Edward Yee 2005-12-06 21:31|| http://edwardyee.fanworks.net]">[http://edwardyee.fanworks.net] 2005-12-06 21:31|| Front Page Top

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