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Technology Stocks : USAI, 61% stake in Ticketmaster Online-CitySearch IPO -- Ignore unavailable to you. Want to Upgrade?

To: neverenough who wrote (18)11/23/1998 9:20:00 PM
From: Crispin  Read Replies (3) | Respond to of 391
 
Has anyone done any calculations on per share USAI value of
ticketmaster holding. Assuming $40?

What's the rest of USAI worth per share?

Does anyone know for SURE that the IPO is going ahead?

Crispin



To: neverenough who wrote (18)11/24/1998 1:25:00 AM
From: Mo Chips  Read Replies (2) | Respond to of 391
 
<<I would expect TMCS to open at $40.00>>

That would put the market cap at nearly $3 billion. I know internet stocks are getting insane valuations, but considering the ipo class b shares don't have equal voting rights as the original class a shares and that 50 of the $80 million expected to be raised going to pay off debt to USAI, can we expect that kind of valuation?

i am a little more tempered about its prospects...

Mo


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