CBS Corp (CBS)

cwcolgla (84.90) Submitted: 5/16/08 5:13 PM : Start Price: $23.09 CBS Score: 11.94

Honestly, 2 billion for CNET? The main selling point of CNET was that it was news that wasn't filtered by the pre-biased television media, and now that that's gone, expect an over-time loss of viewership.





But this is just the straw to break the camels back, as CBS is already fighting:





1. Getting back on track after the Writer's Strike.


2. Renewing interest its core series (CSI, etc)


3. Reduced adversting budgets from many of its main sponsors. Ford and GM have been hurting for awhile, and margins for ConAgra and other food companies are getting slim. When your main "customers" are the food and vehicle industries right now, times are going to be lean.

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