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Article: Terra Lycos -- Deutsche Banc Alex. Brown's Andrea Rice Initiates Research Coverage.
- Article from:
- PR Newswire
- Article date:
- October 31, 2000
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NEW YORK, Oct. 31 /PRNewswire/ --
Deutsche Banc Alex. Brown analyst Andrea Williams Rice today initiated coverage of Terra Lycos (Nasdaq: TRLY)($22.56) with a BUY investment rating on the shares. Terra Lycos brings together Terra Networks, the dominant Internet player in the Spanish- and Portuguese-speaking countries of the world with a presence in 16 countries, and Lycos, the fourth largest site in the U.S. and a leading portal worldwide.
According to Rice, Terra Lycos should be one of the few, dominant companies in the consumer Internet landscape. She cites the following key investment themes as support for her BUY rating on the shares:
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