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Technology Stocks : Eastman Kodak: Exchange your pictures via computer

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To: Darth Trader who wrote (48)7/25/1997 1:59:00 PM
From: Nero   of 87
 
The only bright spot I could find was WX spinning off its media group -- including CBS -- as a taxfree dividend to shareholders later this year. The media group has the weight of huge debt piled on its back, but they get taxloss credit carryforwards to balance the load somewhat. The media group seems like a sexy spinoff at first, but CBS is the dog of the networks and the gems are supposed to be the radio group. Yuck.

Westinghouse stock seems to have risen from 16.5 in early may to 24.5 on this promise alone. Gotta look at this short more. Thanks again for the tip.

Sorry EKers for using your thread for off topic stuff,

nero
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