PEP -- Time to buy? Message Board

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Non-Tech : PEP -- Time to buy?

PEP 142.93

+0.9%

10:17 AM EST

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To: Mohan Marette who wrote (91)	4/23/1997 7:28:00 AM
From: Keith J. Marcinowski	of 392

Does anyone know what will happen when Pepsico spins off the restaurant business later this year? What I mean is will shareholders get separate stock issued for the restaurants (a new company) or will we just get cash? If we get stock, will it be like what happened to AT&T when they spun off Lucent Technologies where the stock price of AT&T dropped in relation to the cost of Lucent? Just wondering. Keith

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