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

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To: Mr.Manners who wrote (340)12/29/1998 11:20:00 PM
From: Joana Tides  Read Replies (3) of 391
 
Hi Kasha & Bill, Momentum Traders have little time for DD; that's
my guess why USAI @40 and TMCS @65. RememberTMCS is one of the hot recent internet IPO's - the fad aspect and momentum is the wind in it's wings. Ticketmaster is still owned by USAI, except for 39% of it's income from the CitySearch access point (correct me if I'm wrong). Last I looked, Ticketmaster still has it's own website aside from City Search; and still has all the kiosks up at the music & grocery stores, too. USAI has Home Shopping Network, shows, cable, etc. - happy (not as happy as on Dec. 23 but satisfied) with the action & potential of USAI, as an investment rather than a quick money i-trade. Seen rumors around of a merger and/or alliance with the likes of GE,Viacom,or another big network; who knows if fact or fiction for near future but IMHO such a thing is an inevitable convergance as web and tv mesh their gears. I predict sometime in 1999 USAI will see It's Day In The Spotlight-when it does, take investment out & then hold onto the rest for longterm increase, sounds like a good plan for USAI.
Best to all, Joanie
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