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


To: Bald Man from Mars who wrote (206)12/2/1998 6:42:00 PM
From: James Thai  Respond to of 391
 
It shows demand is high for the issue, so we all hope that USAI will also go up accordingly.

However, a more realistic expectation is that USAI will sell on the news, so I plan on unloading 1/2 my call position at the open, and the rest of it some time during the day. Even if TMCS goes to $50, $80, or whatever, I doubt USAI will match that type of ride. People will start playing TMCS directly.. so everyone who's using USAI as a proxy is going to take their money out, causing it to sink.

Of course, if I could predict the future that well I wouldn't waste my time posting here ;)

James.