PEP -- Time to buy? Message Board

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Non-Tech : PEP -- Time to buy?

PEP 148.74

+0.5%

Nov 28 9:30 AM EST

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To: Ginger Bates who wrote (2)	1/23/1997 11:31:00 AM
From:	of 392

PEP-Buy on rumour..... Hi Ginger, I have bought the shares this morning due to the rumour about the spin-off. The board is meeting today, and an announcement may be immenent. WSJ broke the story this am and CNBC has confirmed it as well. Pepsico broken up is worth more than what the combined price is, and hence my entry into the stock, hope i am right. It seems the resutaurant group has sales of some 11 billion dollars and some 400 million in profits.does any one know what the break up value of the company is per share. I am hoping it is worth more than the current $34 or 35 per share. Let's hope we all can make little money here. ciao.

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