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Joe Stocks

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Joe Stocks

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Re: Joe Stocks post# 6129

Tuesday, 06/04/2002 8:53:54 AM

Tuesday, June 04, 2002 8:53:54 AM

Post# of 25232

EXPE- Excerpt from Article showing value offers.

>>Despite such synergies, market prices on Monday appeared to suggest many investors believe USA Interactive is not offering big enough premiums on its buyout offers.
USA shares lost 13% Monday, finishing at $24.90. Given the exchange ratios USA is offering, that stock price would value Expedia shares at $67.15, Hotels.com at $44.98 and Ticketmaster at $20.09. However, the three subsidiaries' shares finished Monday's session at $73.93, $49.05 and $21.95, respectively.<<

http://biz.yahoo.com/djus/020603/200206031857000648_1.html



Joe

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