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Technology Stocks : Ticketmaster-Citysearch (TMCS) -- Ignore unavailable to you. Want to Upgrade?


To: lglg who wrote (801)4/22/2000 10:29:00 PM
From: Joe Mintz  Read Replies (1) | Respond to of 803
 
The recent numbers confirm my outlook. Positive surprises are often followed by more of the same.

ticketmaster.com is one of the most visited online retail sites of all, right near amazon.com. I look for them to possibly leverage this advantage further.

Additionally, as I argued in a post months ago, their business of selling tickets is one that will thrive as the internet continues to gain importance in everyday commerce. The revenue numbers support this view, and I like facts a lot better than chatter.

TMCS is a very strong buy indeed. It may be one of the best internet plays available right now in terms of risk/reward.

It remains difficult to time it in the short-term, but it does not really matter. The real profits will come by holding it for the long upswing. It will surprise people when it comes and by how far it goes just as the weakness has not necessarily been expected. That is how the game works.
All you need is a few hundred shares (no margin, please).

JM