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Technology Stocks : Ticketmaster-Citysearch (TMCS) -- Ignore unavailable to you. Want to Upgrade?

To: Platter who wrote (392)	2/25/1999 11:08:00 PM
From: blankmind	Respond to of 803

Lycos Says Merger With USA Networks Unit To Close In 2Q Dow Jones Newswires -- February 25, 1999 SAN FRANCISCO (Dow Jones)--Lycos Inc. (LCOS) said Thursday its merger with operations of USA Networks Inc. (USAI) is expected to close in the second quarter of this year. In a presentation at BancBoston Robertson Stephens' Tech '99 conference here, Lycos Executive Vice President Ron Sege said that after the merger, USA/Lycos Interactive Networks will have access to an audience of more than 100 million viewers online and through other channels such as television. The Waltham, Mass., company is the second most-visited and fastest growing portal with 5 million registered users and a 48.8% online audience reach, said Sege. Under the proposed merger, USA Networks would contribute its Home Shopping Network, Internet Shopping Network and Ticketmaster operations to the merged USA/Lycos Interactive Networks. In addition, USA Network's 60%-owned Ticketmaster On-Line Citysearch Inc. (TMCS) would be contributed to the new company. - Cecilia Kang; 650-496-1367

To: Platter who wrote (392)	2/26/1999 12:08:00 PM
From: Hayley	Read Replies (1) \| Respond to of 803

I assume you are referring to USA networks as a whole, rather than Ticketmaster - that being a part. I think USA networks has a moderately healthy financial future. how the public views the internet is in my opinion, beyond reasonable expectations. Yes, I've bought products through the internet, books, and plane tickets and no doubt it's part of our lives now. My point is that history shows that all manias wear off - thats when P/E ratios will matter. Part of my money is now in Fannie Mae - check out its chart.