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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?


To: Brewmeister who wrote (2832)10/30/1998 5:16:00 PM
From: John M Connolly  Read Replies (1) | Respond to 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



To: Brewmeister who wrote (2832)10/30/1998 5:59:00 PM
From: Patrice Gigahurtz  Respond to of 4613
 
Hey guys go over to Bloomberg and read the CBS upgrades ! I think yesterday there was also a 're-it' type. Maybe next week more ? I haven't any idea how to find out if CBS is on the Top 10 highly rated stocks by brokerages; anyone know if they are ?

Thanks