Tricon (YUM) Message Board

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Non-Tech : Tricon (YUM)

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To: Mike 2.0 who wrote (5)	9/19/1997 1:12:00 PM
From: Olaf Koch	of 67

Yes 10/6 is the date when YUM will actually trade, and the "new" PEP (PEP lite :-) ) of course. Because someone asked: that PEP_w trades 10% below PEP is quite normal since the spin-off YUM will be distributed as a 10:1 stock dividend to existing shareholders, that is one new YUM for each ten PEP. The formula is PEP_w + 1/10 YUM_w = PEP --- That said: I really don't know what to do with my newborne YUM. I believe the best thing to do is either immediately sell or hold until the sell-off is over. --- YUM_w quotes at quote.yahoo.com. PEP_w quotes at quote.yahoo.com.

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