USAI, 61% stake in Ticketmaster Online-CitySearch IPO Message Board

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

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To: neverenough who wrote (18)	11/24/1998 1:25:00 AM
From: Mo Chips	Read Replies (2) of 391

<<I would expect TMCS to open at $40.00>> That would put the market cap at nearly $3 billion. I know internet stocks are getting insane valuations, but considering the ipo class b shares don't have equal voting rights as the original class a shares and that 50 of the $80 million expected to be raised going to pay off debt to USAI, can we expect that kind of valuation? i am a little more tempered about its prospects... Mo

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