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: James Thai who wrote (287)	12/4/1998 1:10:00 PM
From: Bald Man from Mars	Read Replies (1) of 391

<<Yeah, if it trades 1:1 with the value of TMCS. People are finding out over at MALL that MALL is trading at something like a 30-40% discount to the UBID value. I believe MALL is handing out 0.72 shares of UBID for every MALL share within 180 days? yet the what are the prices? MALL at 30, UBID 48.>> I also find it surprise that UBID trades at 48, if each MALL share receive .72 then MALL should be worth at least 34.5 + whatever MALL's other business ... so I guess either UBID is going to come down or MALL is going back up !!! since you cannot short UBID, I guess the only way to play is to buy MALL ... If Mall trades at 30, then the market is saying UBID worthes only 40 ... if I am in UBID, I get out and buy MALL ...

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