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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS
VIA 34.88+1.8%12:59 PM EST

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To: Jay Judell who wrote (2887)11/12/1998 1:25:00 PM
From: Patrice Gigahurtz  Read Replies (1) of 4613
 
Jay: I just can't get excited about this IPO thing as I don't understand how selling up to 20% of something that brings in dollars can be a positive. What effect, if any ?, could selling up to 20% have on CBS' bottom line ? Heck they were just net even (3rd qtr) as it was before the IPO. What am I missing ?
Thanks
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