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Non-Tech : PEP -- Time to buy?
PEP 142.850.0%Nov 5 3:59 PM EST

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To: Gary L Schultz who wrote (214)8/15/1997 1:21:00 PM
From: Kelly Sheppard   of 392
 
Gary, you may be getting only 1 share of YUM for every 10 of PEP, but you don't know the price yet. What if after the distribution the YUM shares are valued at 3x that of PEP? They're not giving you "only 10% for it". The number of shares is an arbitrary number.

By the way, there are some VERY interesting articles on The Fool regarding the Pepsi spin-off and how to value it. You should check it out...
fool.com
Articles started on July 22nd.
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