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

To: Robert Wuj who wrote (350)	1/22/1999 2:17:00 PM
From: Ken Turetzky	Respond to of 391

USAI has made a new SEC filing. Something about Class B convertible shares. Millions and millions of them. These are some very wealthy people. Can anyone determine if this is good, bad or neutral for USAI stock? cgi-mail.eudoramail.com:80/bin/redirector.cgi?http://www.freeedgar.com/search/WL.asp?C=891103&F=SC_13D/A&D=1/22/1999 Also, re: TMCS. Ticketmaster is a USAI company, while Ticketmaster/CitySearch (TMCS) is the online entity that was taken public. Does USAI own 100 percent of Ticketmaster and a portion (42 percent or 60 percent or whatever it is) of TMCS? If so, does Ticketmaster take any portion of the e-commerce revenues from TMCS, or does TMCS own all of those revenues?

To: Robert Wuj who wrote (350)	1/28/1999 1:43:00 PM
From: Ken Turetzky	Read Replies (1) \| Respond to of 391

USAI files S-4: cgi-mail.eudoramail.com:80/bin/redirector.cgi?http://www.freeedgar.com/search/WL.asp?C=891103&F=S-4&D=1/28/1999 "As of December 31, 1998, USAi beneficially owned 59.5% of the outstanding TMCS common stock, representing 67.3% of the total voting power of TMCS's outstanding common stock. For financial reporting purposes, TMCS's Ticketmaster Online ticketing business is considered part of the Company's Ticketing Operations, while TMCS's CitySearch local city guide business is considered part of the Company's Internet Services." Also: "As of December 31, 1998, First Auction had approximately 260,000 registered members and processed over 2,500 orders each day." "In addition to First Auction, ISN [Internet Shopping Network] is in the process of developing a number of new electronic commerce sites, including an online version of Home Shopping Network."