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Technology Stocks : USAI, 61% stake in Ticketmaster Online-CitySearch IPO
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To: Tibor who wrote (60)11/26/1998 12:44:00 PM
From: Tom L. French  Read Replies (2) of 391
 
Small float does make a big difference, but then MALL went from 14 to 41 which is almost triple. If USAI just doubles that would be 60, or if it goes 50%, that's 45. I'm in because I think Ticketmaster is such a well known brand and a great fit for e-commerce that this stock should get some lift. Hopefully a good lift, but we'll have to see. One thing for sure, it's best to get in early-- now rather than wait for it to move. It is actually far less risky than trying to get into TCMS early, unless you get in before it opens, if past early performance of IPOs is any indication. If USAI doesn't make a strong move, I'll move on.
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