Ticketmaster-Citysearch (TMCS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ticketmaster-Citysearch (TMCS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: radames who wrote (465)	4/20/1999 3:28:00 PM
From: Byron Xiao	Read Replies (1) of 803

You are wrong, as long as the uncertainties about the LCOS merger hangs over, this stock is going to be trading at 30-45 range, doesn't matter what the earnings are. It's a shame, because if you use the 30 times revenue valuation of internet stock to value TMCS, TMCS would have been a 60Mx4x30= 7.2B stock, and the 60M is only the sales of Ticket Master Online, not including CitySearch and CityAuction. If it weren't for the LCOS deal, TMCS clearly would have been in the high 60 to low 70 range now. Now, I am wondering at what price should I dump my 500 shares bought at $39. It's a damn shame of what Barry Diller did.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next