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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Ferrari who wrote (1230)	3/16/1999 3:50:00 PM
From: John F Beule	Respond to of 2004

This probly helps (knowing that OMKT/LCOS intact) Lycos Doesn't Expect Any Changes in USA Networks Agreement New York, March 16 (Bloomberg) -- Lycos Inc., the No. 3 Internet search navigation company, doesn't expect any changes in its acquisition agreement with USA Networks Inc., a top Lycos executive said. Lycos expects to file a proxy statement next week with the Securities and Exchange Commission, said Thomas Guilfoile, Lycos vice president of finance, seapking at a PaineWebber Internet conference. He declined to comment on recent statements from CMGI Inc., Lycos' largest shareholder, which is interested in seeking other bidders for Lycos. New York-based USA Networks agreed in February to acquire Lycos to combine its home-shopping, online-ticketing, auction and other businesses and create an electronic-commerce powerhouse. CMGI Chief Executive David Wetherell resigned from Lycos' board in protest over the transaction, calling the terms inadequate. Andover, Massachusetts-based CMGI, which has an 18.5 percent stake in Lycos, hired Morgan Stanley Dean Witter & Co. to find buyers other than USA Networks. A CMGI executive this week said other potential buyers are interested in Lycos. Framingham, Massachusetts-based Lycos rose 2 to 107 3/4 in late trading. CMGI fell 8 5/8 to 184. 15:35:19 03/16/1999 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.