James Cramer writes about Old Media Giant Viacom's difficulties:
Viacom SOS. No, to find out why Viacom’s stock sank to the 52-week-low list, all you need to do is look to the 52-week-high list, where the winners are: video games, satellite radio, video-on-demand, and Internet search engines. Those are the companies with the better models, the better technology that has, in an incredibly short period of time, stolen massive amounts of the fuel that powered Battleship Viacom: the viewers themselves.Posted by James Zellmer at June 25, 2004 10:16 AM | Subscribe to this site via RSS:
