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 (225)	12/3/1998 3:10:00 AM
From: neverenough	Read Replies (1) of 391

Analysts said the new company holds extra appeal with investors because it is associated with Diller, the home shopping mogul who is chairman of USA Networks. The combined company also is viewed as having an intriguing niche on the Internet, since it allows users to buy tickets to shows in the cities they research online, analysts said. Diller said he saw enormous potential for electronic commerce because it's easy and saves time and energy. ''The truth is you go online and you don't need to drive to the theater and buy tickets. Ticketmaster started selling tickets online a year ago, and its about 6 percent of sales,'' he said. Diller said he envisioned his company as the ''cable-broadband hybrid service'' of the future. ''We have the asssets in the ground to work this out,'' he said. ''We're both a programmer, a broadcaster and very much in the world of e-commerce,'' he said. biz.yahoo.com --------------------------------------------------------------------------------

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