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Technology Stocks : Lycos -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (2230)7/20/1999 10:26:00 AM
From: investsformoney  Read Replies (1) | Respond to of 2439
 
Great News indeed followed by a great buying opportunity with market weakness in the am. I bought into the break of 100. cbs.marketwatch.com

Here is the breakup of the funding

On board as limited partners are Paul Allen's Vulcan Ventures, as well as Bear Stearns, MellonVentures, Inc., MiraeCorporation, Sumitomo Corporation and others. Together, they're kicking in about $60 million, leaving Lycos to provide $10 million of the total funding.

My guess is Vulcan Ventures gets the lions share.