Barron's Touting Interactive (IACI)
Watch for the Barron's bounce on Monday for Barry Diller's internet conglomerate Interactive Corp. (IACI). I think Interactive Corp. is an interesting mix of dot.coms. The individual components actually have a nice mix of value and growth. Comparing IACI to a Tyco or Cendant, I would much rather own IACI. With IACI you get Ticketmaster, The Home Shopping Network, Ask.com, Lending Tree, Bloglines, Match.com, and many other sites. Plus CEO Barry Dillar still owns a large chunk of the outstanding shares (20+% of the float). Legg Mason Value Trust manager Bill Miller and a few other Legg Mason funds continue to buy shares of Interactive Corp.