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


To: John M Connolly who wrote (3017)12/10/1998 1:46:00 PM
From: John M Connolly  Read Replies (2) | Respond to of 4613
 
By my calculation INF market cap is $22B and CBS is $21B. But CBS owns 84% of INF that is equal to $17.8B . Therefore the balance is valued at $4.2B. Now way back in 1995 WX paid $5.4B for CBS
Later they stole the cable channels for $1.6 they were worth over $2B,and in addition there is all the other stuff, and today their debt
has been reduced by $2.5B. I belive that total debt is now under
$3B. If they do a distribution of INF and say it hangs around the $25.00 range - what is the value of the rest? ...........Answers under
$5.00 are unacceptable! :-)
John