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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: Goldbug Guru who wrote (2596)	12/1/1998 5:51:00 PM
From: Goldbug Guru	Read Replies (2) \| Respond to of 37507

TICKETMASTER ONLINE-CITYSEARCH (TMCS): Although it may be receiving the most headlines, online auctioneer uBid (UBID) is not the only Internet IPO scheduled to hit the market this week. The initial public offering of Ticketmaster Online-CitySearch is expected to price on Friday. Initial range on the 7 million share, NB Montgomery Securities-led offering is $8-$10 per share. Ticketmaster Online-CitySearch is a provider of local city guides, local advertising and live event ticketing on the Internet. The company intends to integrate its local CitySearch city guides with its Ticketmaster Online live events ticketing and merchandise distribution capabilities to offer online ticketing, merchandise, electronic coupons and other transactions to a broader audience of consumers. At the conclusion of the offering, USAi (USAI 31 7/16 -1/8) will hold a 42.48 million share (68%) stake in the company. Total Shares Outstanding: 68.49 million Market Cap (based on offer range): $548 mln to $685 mln Revenue: 1996= $0.2 mln; 1997= $6.18 mln Net Loss: 1996= $(1.58); 1997= $(3.86) Price/Sales Ratio (Trailing 12-months): 48-60 Competition: Digital City (AOL), Sidewalk (Microsoft), City.Net (Excite), Lycos City Guide (Lycos)