Ticketmaster-Citysearch (TMCS) Message Board

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Technology Stocks : Ticketmaster-Citysearch (TMCS)

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To: CaraMia who wrote (683)	7/20/1999 7:22:00 AM
From: CaraMia	Read Replies (1) of 803

More TMCS stuff<< this is really being received quite well by the trading public... I am so pleased with the stake TICKEMASTER has taken in MSFT.. It is clearly a out and out obvious move the weak and warranted.. TMCS is a strong directive company that can not in my personal opinion be damaged in anyway by others trying to compete with it's well recognized niche in the market. They are a family name and well known within all sectors of distribution for their one touch efforts of supplying the public proficiently with what they need. Here is what I clipped from a site to share with all of you.. best to everyone...WAY TO >GO TMCS>>> Elsewhere in Bill Gates's world -- it's all Bill Gates's world, after all -- reports that his company sold its Sidewalk city guide service in exchange for an equity stake in Ticketmaster Online-CitySearch (Nasdaq: TMCS) sent shares of the online ticketing and local city guide company up $6 1/16 to $40 1/16. Microsoft sent Sidewalk, once considered a force that might have trumped local newspapers by sniping advertising and classifieds revenue, to Ticketmaster in exchange for a 9% stake in the company and warrants to boost the stake to 13%. Ticketmaster will become the exclusive entertainment information provider on Microsoft's MSN. Microsoft, which is considering issuing a tracking stock for its Internet operations, didn't sell Sidewalk's online yellow pages or interactive buying guide. Shares of Ticketmaster investor USA Networks (Nasdaq: USAI) moved up $1 1/16 to $45 5/16 today. Shares of Microsoft, meanwhile, were relatively quiet today. After the bell, the company reported fiscal Q4 earnings of $0.40 per share. Wall Street's consensus estimate was $0.36 per share.

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