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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 34.83+1.6%Nov 28 9:30 AM EST

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To: Brewmeister who wrote (2832)10/30/1998 5:16:00 PM
From: John M Connolly  Read Replies (1) of 4613
 
Jay & ALL : I am not sure if all the details of the IPO has been made public.!!!! Like I am not sure what % of the Radio etc will be the new INF. If my memory serves me the announcement said
" up to 20% " I do not know if the final decision has been made.
Then they have to decide " How many shares this 20 % ( or other % )
will represent - then theywill fix a hopeful price. Then if there are too many people wanting to buy the shares - they up the price !
It is like an auction. However, we should get news soon, I would think next week if they are looking for a November issue.
John
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