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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 34.26-6.1%Nov 26 3:59 PM EST

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To: MGV who wrote (2859)11/4/1998 3:53:00 PM
From: John M Connolly  Read Replies (1) of 4613
 
Darkgreen: I just called the Merrill Lynch office - what they were able to tell me was that INF will commence trading on the 1st December. They are currently taking orders from their customers and the person to whom I spoke said that he expected that the offering would be fully taken and that if I wanted any to place an order with my broker on the 1st December and buy them in the market.
Said that he expects a strike price to be set about one week before.
On your post re assets - I would note that it is odd that the # of shares registered for INF is equal to the # of shares outstanding for CBS plus the 135 million to be sold in the IPO! I do not know it this means anything - but it sure is a neat package!!!~
John
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