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Technology Stocks : USAI, 61% stake in Ticketmaster Online-CitySearch IPO

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To: j_b who wrote (356)1/29/1999 1:39:00 PM
From: Ken Turetzky  Read Replies (1) of 391
 
From the article Jimmy posted:

"Citron: Keep in mind that Ticketmaster Online City Search is still within the family Ticketmaster/USA; it didn't really divest itself of its revenue. I think [the merger] was a creative way to produce even more revenue out of that very strong base of online ticketing, because what you've got is a case where online ticketing is strong and will continue to grow stronger, but now we've layered in the city guide business which has huge upside potential which did not exist with Ticketmaster Online by itself."
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