Lycos says they're not involved.....
Dow Jones News Service via Dow Jones
By Mark Boslet
SAN FRANCISCO (Dow Jones)--Lycos Inc. (LCOS) said it is confident about its
fiscal third quarter and feels "great" about Wall Street's estimates for its
results.
"We certainly feel very good about the quarter we are wrapping up" at the end
of April, Chief Executive Robert J. Davis said. First Call Corp. forecasts the
company will post a loss 18 cents for the period.
Speaking at the Hambrecht & Quist Technology Conference, Davis also told
investors the Framingham, Mass., company was poised to unveil an online
partnership with an Internet-service provider "soon." He declined to name the
company but said the partnership would be a "momentous event" for the company.
Similarly, Lycos will be introducing an automated directory service - using
machines and not people - that will challenge Yahoo! Inc. (YHOO), Davis said.
However, he indicated that Lycos wouldn't be partnering with Netscape
Communications Corp. (NSCP) to create a Netscape-branded search service.
Speculation on Wall Street has centered on Lycos, as well as competitors Excite
Inc. (XCIT) and Infoseek Corp. (SEEK), as a potential Netscape partner.
Davis said that Lycos, nevertheless, would play a role on Netscape's
redesigned Internet site. As it is, Lycos already gets a smaller amount of
traffic from Netscape than competitors, he said. |
