Silicon Investor (SI) -- The First Internet Community

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

To: SOROS who wrote (21)	11/24/1998 12:37:00 AM
From: Crispin	Read Replies (1) \| Respond to of 391

Ticketmaster online does seem to be growing fast and be high on the "hit lists". so 92 mil shares outstanding after the IPO. goes to $10 $20 $30 $40 mktcap 920 1840 2760 3680 61% 561 1122 1683 2244 USAI has 155.2 mil shares outstanding per sh 3.6 7.2 10.8 14.4 for ticketmaster-online after IPO what is USAI worth apart from ticketmaster-online? 12 month low? $13.8 PSR=1 $14.5 12 month high? $31.3 I don't know. Lets chose $23 for fun total $26.6 $30.2 $33.8 $37.4 This has turned out worse than I expected. The value of the overall entity is not dominated by the IPO so it all depends so much on what you chose for the "fair" value of the non internet bit. BUT all said and done it is an internet IPO so logic does not rule! maybe I will blow a few K on USAI. Anyone want to comment. There are, I'm sure, flaws in my logic. Crispin