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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 32.61+5.2%Dec 9 3:59 PM EST

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To: John M Connolly who wrote (2827)10/30/1998 7:38:00 AM
From: Larry S.   of 4613
 
John, I am not familiar with the details of the INF offering, but I don't think that the shares will only go to Merrill customers. Merrill may be the lead underwriter, but I would assume that there are many other firms participating in the offering and each will get a certain number of shares to offer to their clients. I think I heard that the IPO will be mid Nov. I hope so, am long some Nov 27 1/2 calls that are starting to look a lot brighter than they did a few days ago. Larry
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