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IAC/InterActiveCorp Message Board

  • pirates144 pirates144 Feb 1, 2011 12:58 PM Flag

    I just bought some IACI. Does anyone

    know what happened in late August of 2008? I'm looking at the chart and I went from $34 to $17 overnight. I looked through their archives and can't find any news. What attracted me to IACI in the valuation. It is remarkable. I follow and research many companies and this just stands far above most. They have $13/sh in cash. So is really trading at $15. They have a "cash flow" of $4/sh! 3x cash flow is unbelievable. Free cash flow is even $2/sh. Very impressive. Earning from 2010-2011 will grow by 64% ($.88/$1.44). These kind of numbers are remarkable to me. I bought some calls for April.........

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    • would have caused IACI stock to be cut in half. I "pasted" it below. This company looks very strong. The revenue blew away expectations and the future is bright. $12/sh cash and they just bought some that will bring in 3x as much revenue compared to what they would make in the bank. They have so much cash. They will continue to look for ways to expand their company. This could easily be a $50 stock in 2 years. JMHO.

      2008 January IAC acquires a minority
      stake in eHealthCentral Network

      May IAC and acquire
      Lexico, owner of, and

      May IAC and IAC Consumer
      Applications and Portals acquire GirlSense

      July IAC completes the sale
      of Entertainment Publications, Inc.
      IAC launches

      October IAC completes the spin-offs
      of HSN, Inc. (HSNI), Interval Leisure Group
      (IILG), Ticketmaster (TKTM) and
      (TREE) - (announced 11/07) IAC launches
      The Daily Beast, a website dedicated to
      news and commentary, culture and entertainment
      in partnership with Tina Brown

      IAC and ServiceMagic acquire a majority
      stake in The Koening Company (which owns and and
      acquires from Groupe CyberArchi
      therefore launching ServiceMagic Europe in
      conjunction with ServiceMagic International

      December IAC unwinds its 30% equity
      stake in Jupiter Shop Channel

      • 1 Reply to pirates144
      • You just need to do a bit of work using Google, given the information on that page I cited.

        From this link,

        NEW YORK, Aug. 21 /PRNewswire-FirstCall/ -- IAC (NASDAQ: IACI) announced today that it has completed the spin-offs of HSN, Inc. ("HSNi"), Interval Leisure Group, Inc. ("ILG"), Ticketmaster and, Inc. ("") to IAC shareholders. For every one share of IAC common stock held on August 11, 2008, the record date for the spin-off, or bought in the due bill period, holders received one-fifth of a share of common stock of each of HSNi, ILG and Ticketmaster, and one-thirtieth of a share of common stock of Immediately following the spin-off on August 20, 2008, IAC also effected a one-for-two reverse stock split.

55.03-1.76(-3.10%)Jun 24 4:00 PMEDT