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IAC/InterActiveCorp Message Board

  • year_of_the_rabbit year_of_the_rabbit Feb 10, 1999 6:49 PM Flag


    Only USAI's e-commerce and internet assets will
    be part of the merger (i.e. HSN, Ticketmaster, and
    Internet Shopping Network/First Auction). USAI has an
    additional market cap contribution from the rest of it's
    holdings (which include the USA Network, Sci-Fi channel,
    Studios USA and USA Broadcasting; Lycos and
    Ticketmaster/City Search don't get any of that). Thus, we are much
    more undervalued than what your analysis would
    predict. We are so obviously undervalued that I would have
    to think that more upgrades are on the way. This is
    not only a growth stock, but also a very obvious
    value play.

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