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

To: Crispin who wrote (19)11/23/1998 10:51:00 PM
From: SOROS  Respond to of 391
 
From Fund Manager Marc Gabelli:

What he calls a "screaming opportunity" currently is core holding USA
Networks (USAI). He picked up the company at less than $20 a share.
Gabelli says its intrinsic value is more than $50 a share.



To: Crispin who wrote (19)11/23/1998 11:10:00 PM
From: SOROS  Read Replies (1) | Respond to of 391
 
dailynews.yahoo.com



To: Crispin who wrote (19)11/24/1998 1:28:00 AM
From: Mo Chips  Read Replies (1) | Respond to of 391
 
<<Assuming $40?>>

If my calculations are correct, USAI's portion would be worth about $1.8 billion.

Don't know what the rest of USAI is worth.

Mo


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