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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (10617)	2/11/1999 1:15:00 PM
From: Clayleas	Respond to of 122087

<LCOS< Deal may get canned > Is USAI a short? Jim

To: Anthony@Pacific who wrote (10617)	2/11/1999 1:24:00 PM
From: izjay	Read Replies (1) \| Respond to of 122087

Could an end to the lcos/usai deal have any impact on SATH? Hopefully not positive.

To: Anthony@Pacific who wrote (10617)	2/11/1999 1:25:00 PM
From: StockDung	Respond to of 122087

Lycos Says Top Shareholder May Reject Takeover By USA Andover, Massachusetts, Feb. 11 (Bloomberg) -- CMGI Inc., the largest shareholder of Lycos Inc., said it won't vote for USA Networks Inc.'s proposed acquisition of the No. 3 Internet search directory at current stock levels. Lycos shares jumped as much as 21 percent, climbing 11 3/4 to 99 in midday trading after Lycos said CMGI may not support the purchase. Earlier, shares touched 105 7/8. USA Networks rose 5/16 to 39 9/16. CMGI rose 11 1/2 to 103 9/16 after touching 105 1/2. Lycos lost almost one-third of its value between Monday, before the proposed acquisition was announced, and yesterday. Investors were confused by transaction and couldn't see a clear benefit. CMGI, which owns 20 percent of Lycos, didn't disclose how high the shares would have to go before it would favor the takeover by USA Networks, the media company owned by Barry Diller. CMGI invests in Internet start-ups companies. CMGI's ''view is that the deal is undervalued,'' Lycos Chief Financial Officer Edward Philip said in an interview. CMGI's executives said ''they won't approve the deal if the stock stayed where it is,'' CMGI spokeswoman Deidre Moore said. USA Networks plans to combine Framingham, Massachusetts- based Lycos with its cable-TV Home Shopping Network, Ticketmaster ticketing service and Internet operations such as Ticketmaster Online-Citysearch Inc. and First Auction. 12:46:46 02/11/1999