SI
SI
discoversearch

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


To: Sili Investor who wrote (3005)12/4/1998 9:56:00 AM
From: waldo  Respond to of 37507
 
Fri Dec 04

TicketMaster Online-CitySearch:
IPODEX Shows Hot Market Vs. Existing Stocks

By Steve Harmon
Senior Investment Analyst
Internet.com
"Where Wall Street Meets The Web"

Like Scrooge, Internet stocks have been on a wild ride from the ghost of Christmas past, present and future. This holiday season Wall Street shopped early (November) for etail stocks and now has turned its fickle attention to Internet IPOs.

The past three Internet stock offers from very different companies have done well in the aftermarket: EarthWeb, theglobe.com and the latest reindeer to pull the IPO sled, TicketMaster Online-CitySearch (NASDAQ:TMCS) .

TMCS sold 7 million shares at $14 per share, raising gross proceeds of $112 million. Of that, $50 million immediately goes to a loan from TMCS majority equity holder USA Networks, run by Barry Diller of TV biz fame.

fnews.yahoo.com

W