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


To: Larry S. who wrote (3106)1/4/1999 9:12:00 AM
From: Guy E. Fleming  Respond to of 4613
 
Larry:

Thanks for the information on The upcoming IPO, Marketwatch. It's tentatively set for the week of Jan. 11 which should be okay for Jan. '99 options. It also said that, after the deal, both CBS and DBCC will own 38% of Marketwatch respectively which should be worth a bit. If the 24% of Marketwatch being IPO'd is valued at, let's say, $30 Million then the remaining amount is worth about $90 Million+ or $45 Million+ per company -- before market appreciation. Maybe the IPO will help kick start CBS a bit.