Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: steve wong who wrote (54640)	8/4/1999 5:25:00 PM
From: puborectalis	Respond to of 120523

LCOS..unbelievably cheap......The excitement around Excite leaves Lycos, the Internet's fourth-most-trafficked Web property (behind AOL's, Yahoo's and Microsoft's sites, according to Media Metrix), in an interesting position. With Excite in AtHome's hands, Infoseek in the Magic Kingdom, and AltaVista in the CMGI (CMGI) empire, only Yahoo and Lycos remain as major, independent portals. And Lycos is playing a restless second. Since its deal with Barry Diller's USA Networks (USAI) fell through, the company signed e-commerce agreements with another Diller property, TicketMaster Online-CitySearch (TMCS), as well as WebMD (HLTH) and Autobytel.com (ABTL), among others. Lycos also recently launched an auction site, teamed with RCN (RCNC) to develop a broadband solution (who needs AtHome?) and laid the foundation for a $70 million venture-capital fund that will include partners like Paul Allen's Vulcan Ventures. The fund will help fuel companies that may benefit from inclusion in the Lycos network of Web properties. Analysts expect that Lycos broke even in the fiscal fourth quarter (ending in July), and they believe the company will turn a 17-cent profit in fiscal 2000. It's been a noble battle for a company that has been in Yahoo's shadows since the dawn of the Internet age. Still, as with the other drowning Net leaders, it will likely take a sea change in investor attitude to turn the tide for the stock.