Ticketmaster-Citysearch (TMCS) Message Board

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Technology Stocks : Ticketmaster-Citysearch (TMCS)

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To: Frank P. Pearson who wrote (141)	12/16/1998 10:04:00 AM
From: Wade Spencer Graves	Read Replies (2) of 803

Yes the IPO was for $14 and planned to generate $100 million. $50 million was needed to pay USA Networks. The first day the price got to $63. TMCS probably got closer to $300 million on the IPO I'm surprized AOL, Yahoo or another portal provider doesn't buy them immediately as its a natural fit to where that industry needs to be. TMCS, itself, is not an internet industry company but it is a strategic content provider for the industry

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