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Technology Stocks : TERRA NETWORKS (TELEFONICA INTERACTIVA) TRRA

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To: adsorb who wrote (88)4/3/2000 8:43:00 AM
From: adsorb  Read Replies (1) of 97
 
Spain's Telefonica: No Comment On Report Of Lycos Deal

MADRID -(Dow Jones)- A spokesman for telecommunications company
Telefonica SA (TEF) declined to comment Monday on reports that it's
negotiating to take a stake in U.S. Internet portal Lycos Inc. (LCOS).
A report Monday in the financial daily La Gaceta said Telefonica is
aiming to make its Internet unit Terra Networks (TRRA) one of the
world's top ten Internet portals.
An alliance with Lycos would be a key step in achieving this aim, the
newspaper added.
-0- 03/04/00 07-15G
(This story was originally published by Dow Jones Newswires)
Copyright (c) 2000 Dow Jones & Company, Inc.
All Rights Reserved
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