Pre-Open Movers 5/15: CNET (CNET) Up On CBS Buyout, Sina (SINA) Up on Results/Outlook; Salary.com (SLRY) Sinks On Results/Outlook - Street Insider

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Pre-Open Movers 5/15: CNET (CNET) Up On CBS Buyout, Sina (SINA) Up on Results/Outlook; Salary.com (SLRY) Sinks On Results/Outlook
May 15, 2008 01:27 PM UTC

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Symbol	Sentiment	Start	Return	Closed
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CBS.A	n/a
CNET	n/a
SINA	n/a
CBS	n/a

Via StreetInsider.com News Articles:

StreetInsider.com Pre-Open Movers:

CNET Networks, Inc. (Nasdaq: CNET) 42% HIGHER; CBS Corporation (NYSE: CBS.A) (NYSE: CBS) has entered into an agreement to acquire CNET Networks. Under the terms of the agreement, CBS will make a cash tender offer for all issued and outstanding shares of CNET Networks for $11.50 per share, representing an equity value of approximately $1.8 billion. CNET closed at $7.95 yesterday.

Salary.com (Nasdaq: SLRY) 27% LOWER; reports a Q4 loss of $0.09, 1 cent lower than the analyst estimate of ($0.08). Revenues for the quarter were $9.3 million, versus the consensus of $9.91 million. Sees Q1 revs

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