Summary:

Terra Lycos Seen Retreating From US: “As Terra Lycos watches its revenue shrink, analysts believe it may be time for the Spanish-based Inter…

Terra Lycos Seen Retreating From US: “As Terra Lycos watches its revenue shrink, analysts believe it may be time for the Spanish-based Internet company to spin off its U.S. operations and concentrate on core Hispanic markets…In the U.S. Terra is now moving its investment focus away from its general Lycos portal to small, “vertical” portals serving niche markets such as financial information site quote.com and dating site matchmaker.com…That shift suggests an access partnership isn’t in the cards. It would also allow Terra Lycos a way out of the U.S. altogether. Strong niche sites, which enjoy a specialized audience more willing to pay for online services, would command a higher buying price than the Lycos portal itself.”

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