Mike S. Newton, CIM FCSI IAC/Interactive IAC-Q PAST TOP PICK Oct 06, 2016

(A Top Pick Oct 28/15. Down 5.16%.) Had expected a little more out of this because they had the Match.com IPO, a premier dating app. They still own 80%-85%. They also own Ticketmaster, Live Nation, Expedia, Home Shopping Network, etc. He got stopped out, but will get back in at some point.

Mike S. Newton, CIM FCSI

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Spinning off 20% of the Match.com subsidiary which could be close to $100 million worth of shares. Match.com is one of the highest grossing apps out there. The revenue growth and the profile are going to be huge. He wants to own this until year end. Dividend yield of 2.06%.

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Mike S. Newton, CIM FCSI IAC/Interactive IAC-Q PAST TOP PICK Oct 06, 2016

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