VIAB (Viacom Class B shares) formerly CBS Message Board

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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS

VIA 36.49

+1.1%

Nov 25 3:59 PM EST

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To: John C James who wrote (3021)	12/10/1998 10:01:00 PM
From: Larry S.	Read Replies (1) of 4613

John, CBS shareholders will get shares in INF when CBS distribute them, probably late next year. If you own CBS shares at the distribution date, you will get shares in INF. The price of CBS will drop by the value of the distributed INF shares, but shareholders will equal value of stock ( cbs = cbs + INF) before and after the distribution. Management has stated their intention to distribtute the INF shares to CBS shareholders. larry

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