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To: steve poon who wrote (1532)	5/13/1999 8:17:00 AM
From: steve poon	Read Replies (1) of 2004

$200 million in new electronic commerce WALTHAM, Mass. (Dow Jones)--Lycos Inc. (LCOS) expects to post third-quarter earnings per share in line with consensus analyst estimates when it reports results May 18. In a press release Thursday, the Internet portal company also said it signed $200 million in new electronic commerce agreements during its third fiscal quarter ended April 30, the highest for any quarter in the company's history. Lycos said it surpassed Yahoo! Inc. (YHOO) to become the leading Internet portal with 51.8% audience reach and nearly 32 million unique monthly visitors, according to the latest Media Metrix report. "There is no question that our single-minded focus on delivering the best interactive products to our users across our multiple leading brands is the cornerstone of our achievements," President and CEO Bob Davis said via the press release. "Our many new strategic commerce agreements, recent move to the top of our industry in audience reach and progress in growing our team this quarter prove that our business is stronger than ever and we are poised for tremendous growth." (END) DOW JONES NEWS 05-13-99 06:56 AM * end of story *

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