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: Ken Turetzky who wrote (349)	1/17/1999 3:00:00 PM
From: Robert Wuj	Read Replies (2) of 391

Ken, USAI had a nice positive mention in the latest Barron's issue. In the 1999 Roundtable discussion Mario Gabelli has USAI as one of his top stock picks of the year, and on page 44 he tells why. He says that there are two concepts in one company, one in enter- tainment and the other in E-commerce. Then went on to say that the Sci-Fi Channel and USA Network will be a 750 million dollar business in the next three to five years, and that alone is worth the market value of the entire company. You are getting every- thing else free. He said that E-commerce currently has EBITDA of about 180 million, and that Barry already has one killer app, TicketMaster. In the end he said that USAI which doubled last year has a lot more to go on the upside. Just some of the high- lights of the article. Robert

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