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To: Bill Hardison who wrote (10221)6/16/1999 8:15:00 AM
From: Rene Madsen  Respond to of 19700
 
Now I don't know what they define as "top ten web sites" but I assume that for a large part it would be portals such as netscape.com, yahoo.com, excite.com and lycos.com.

We will IMHO see a drop in the usage of these portals as web literacy goes up among users.

This doesn't mean that overall usage will decline, quite the contrary. It means that users are finding other, more efficient ways of navigating the Internet, relying more on specific searches (search engines), bookmarks/favorites and URL's passed on by other means such as printed documentation, advertisement, TV, e-mail,...

Of course this doesn't bode well for our own LCOS, but then again, I never bought CMGI because of their LCOS holding - In fact, I personally find Lycos being one of the least useful portals.



To: Bill Hardison who wrote (10221)6/16/1999 8:43:00 AM
From: Scarecrow  Read Replies (1) | Respond to of 19700
 
Bill --

Thanks for that useful nugget. Many "influentials" cited the April number as a cause of concern, so the turnaround in that stat could be a lift.

Personally, I think the number is a red herring (as Rene points out). But, then again, I think CMGI operating earnings are a red herring and people sure paid attention to THAT stat, now didn't they?

Let's hope Oracle's upside surprise gives us a bump.



To: Bill Hardison who wrote (10221)6/16/1999 10:48:00 AM
From: Jenne  Read Replies (1) | Respond to of 19700
 
Lycos taps Bertelsmann for Tripod Europe push
By Sandeep Junnarkar
Staff Writer, CNET NEWS.COM
June 16, 1999, 5:50 a.m. PT
Bertelsmann, the world's third largest media company, has invested about $12 million in Lycos to spearhead the portal's pan-European effort to establish Tripod, its online community service, in Europe.

Germany-based Bertelsmann, which already has an online joint venture with America Online in Europe, AOL Europe, has helped Lycos launch the first 6 of 12 Tripod Europe sites, including those in the United Kingdom, France, Italy, and Germany.

Though Bertelsmann and Lycos have an existing relationship, a venture called Lycos Berlesmann, how this recent development could affect the relationship between Bertelsmann and AOL is unclear. The companies could not be reached for comments.

Bertelsmann and Lycos plan to launch Tripod sites in other European countries where Lycos is currently available, including Denmark, Sweden, and Belgium.

Quote Snapshot
June 16, 1999, 7:25 a.m. PT
Lycos Inc. LCOS
81.0000 +4.7500 +6.23%
America Online Inc. AOL
102.6875 +7.9375 +8.38%

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"The initial success of Tripod Europe has surpassed our most aggressive expectations and, in just six months, has already reached its projected numbers for the year's end," said Tripod cofounder Bo Peabody. "Bertelsmann's support of Tripod is allowing us to create the first true global online community."

The joint venture hopes to leverage the growing reach of Lycos and Tripod to draw pan-European Web advertising and commerce opportunities, the companies said.

Tripod Europe members can also buy and sell products through Europe's largest online auction, Quixell (QXL). Other e-commerce features will be announced shortly, the company said.

Tripod Europe also offers homepage building tools, templates, and file management system. Members can also access message boards and utilize chat functions to interact and exchange ideas with other members in their own country or another.

"With specialized features such as localized content and e-commerce opportunities, Tripod Europe successfully responded to the needs of the different European countries," said Frank Mars, president of Tripod Europe.

Since its launch in October 1998, Tripod Europe has experienced a 70 percent average monthly growth rate, the company said. Tripod Europe has more than 450,000 registered members and more than 1 million total member pages, according to the company.