SRmanager Junior Poster

Joined: 20 Jun 2005 Posts: 26
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Posted: Tue Jul 12, 2005 8:35 pm Post subject: Interactive Corp (IACI) |
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I have been studying Interactive Corp ever since the company announced their intention to spin-off Expedia.com.
I agree the financial statements are next to impossible to interpret but most of the reports I have received say the stock is worth at least $40/share. I think the upcoming spin-off, intended to unlock value, will be the catalyst for the stock.
I recently bought a large amount for my clients at $22.50/share. I encourage you guys to study the company.
Best |
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