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.

Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Stuart C Hall who wrote (4954)	2/25/1999 3:44:00 PM
From: Todd Pagel	Respond to of 19700

Stuart...depends on the range you're expecting. I don't think this strength is Lycos related. I believe it is more CMGI related and may have found new roots in the discourse given by Dave W. at the Robbie Tech Conference. Go to MarketWatch and read all the Headlines! All those future IPO's AND what will be blow out earnings due on 3/11. Nothing personal, but I can't imagine trying to time entry and exit points, in this stock, around earnings time, when they have the golden touch, and news can come out at any moment. Long is the way to go. I suggest trading other stocks, but the "dip" you may be waiting for may happen above previous highs! You never know with CMGI. Just MHO...

To: Stuart C Hall who wrote (4954)	2/25/1999 7:24:00 PM
From: Stuart C Hall	Respond to of 19700

Lycos Revenue Tops $30 Million By Eric Auchard NEW YORK (Reuters) - Internet media company Lycos Inc. (Nasdaq:LCOS - news) posted a slightly narrower-than-expected loss in its second quarter as its acquisition-fueled growth sapped profits but nonetheless helped boost revenues by 142 percent. Lycos, the second most visited Web media network after rival Yahoo! Inc., reported a loss for the quarter ended Jan. 31 of $9.3 million, or 22 cents a share, compared with a profit of $301,119, or 1 cent a share, in the year-ago quarter. The latest quarter's loss included $7.8 million in charges for five acquisitions Lycos made over the past year. The year-ago quarter's earnings per share figures were adjusted for a subsequent two-for-one stock split. Excluding charges for the acquisitions, the Waltham, Mass. company said it had a pro forma loss of $1.5 million, or 3 cents per share, in the fiscal second quarter, a penny better than the 4-cent-per-share loss Wall Street analysts had expected, according to First Call, which compiles brokerage estimates. The report came two weeks after Lycos set plans to merge into growing broadcast and online media empire USA Networks Inc. properties' Ticketmaster Online/CitySearch Inc. and its Home Shopping Network. Revenues for the second fiscal quarter totaled $30.6 million, representing a sequential 24 percent rise from the previous quarter ended October 31, 1999 and a 142 percent increase over the comparable period a year ago. ''It was just an outstanding quarter by every metric,'' Tom Guilfoyle, vice president of finance, said in a phone interview following the earnings report. ''We continue to be the fastest growing network on the Internet.'' Traffic through its network of Web sites grew 39 percent during the quarter to 50 million Web page views per day, it said in a statement announcing the results. The Lycos Network attracted 48.4 percent of all Web users in January, according to Media Metrix, as its audience growth continued to outpace that of its rivals, Guilfoyle said. Advertising revenues more than doubled to $20.9 million from $9.6 million in year-ago quarter. Ad rates inched up during the quarter to $23.50 per 1,000 customer ad impressions -- a standard industry measure -- from $23 three months before. Electronic commerce, license, and other revenues tripled to $9.7 million from $3.0 million a year ago. Quarterly revenues also beat Wall Street expectations, due largely to better than expected progress the company made in integrating its acquisitions of the past year, Guilfoyle said. Last year, Lycos acquired Tripod and Angelfire, two home page publishing Web communities that were the No. 10 and No. 13 most visited sites on the Web in January, according to research firm Media Metrix, which tracks Internet traffic statistics. It also purchased WhoWhere?, an address directory and free electronic-mail service, and Wired's online news division. By the same measure, the Lycos Web site itself ranked as the 8th most visited destination, meaning that Lycos owns 3 of the 15 most heavily visited sites on the Internet. Collectively, the Lycos Network of sites ranked No. 4 in terms of Internet traffic, behind the various Web properties of America Online Inc. (NYSE:AOL - news), Microsoft Corp. (Nasdaq:MSFT - news) and Yahoo! Inc., the No. 1, 2 and 3 ranked sites. Late Thursday, after the report, the company held a meeting in New York with Wall Street analysts and institutional investors to shore up support for its plans to form what it believes will be the dominant player in electronic commerce. The press was excluded. The deal led Lycos' stock to tumble from around $127 to the $80s, amid fears of slackening growth as its fast-paced Internet properties are combined with USA Networks' slower moving ticketing and television merchandising businesses. Lycos stock rose $1 to $94 in after-hours trading Thursday, building on a $2.50 gain during the regular trading day on the Nasdaq stock market.