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Technology Stocks : Ticketmaster-Citysearch (TMCS)

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To: timroy who wrote (732)10/18/1999 10:27:00 PM
From: ayahuasca  Read Replies (1) of 803
 
good question. I really cant tell what happened today. I was at work and didnt have access to the internet today but I was calling in and checking pretty frequently. The drop from 20+ to 18 shocked me. There seems to have been alot of volume then, most of it occuring at the nadir. Overall the volume was significant.
The Aol Digital Cities news, if anything, confirms the importance of the local markets. Citysearch is and will continue to be a valuable aggregator and portal for what is really the main business, Ticketmaster.
I just hope something bad is upon us. I cant see that in the cards really but anythng is possible. If TMCS doesnt rebound sharply and quickly from these levels I may start to really worry. We'll see what happens.
As to earnings, I thought they were coming out today but apparently that aint correct. Someone on the YHOO board mentioned 10/25.
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