Interesting info regarding the former place Terra Lycos (TRLY), which Telefonica (TEF) controls with a 37 percent stake, appears to fit poorly with this plan. Terra Lycos is the parent company of Wired News. The Internet service provider posted a net loss of $552 million in 2001 amid a slump in online advertising.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.