| Ticker: LCOS | 293 Boston Post Road West | |
| Exchange: NASDAQ-National Market | Marlborough, Massachusetts 01752 | |
| Industry: High-Tech | (508) 229-0717 |
| Type of Shares: | Common Shares | Filing Date: | 2/14/96 | |
| U.S. Shares: | 3,000,000 | Offer Date: | 4/1/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 3,000,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.12 | |
| Offering Amount: | $45,000,000 | Selling: | $0.65 | |
| Expenses: | $700,000 | Reallowance: | $0.10 | |
| Shares Out After: | 13,657,896 | |||
| Spin out parent firm: | CMG@Ventures, L.P. | |||
| Manager | Tier | Phone |
| Hambrecht & Quist Incorporated | Lead Manager | (415) 576-3423 |
| Alex. Brown & Sons Incorporated | Co-manager | (410) 727-1700 |
| Wessels, Arnold & Henderson | Co-manager | (612) 373-6121 |
| Auditor: KPMG Peat Marwick | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 1/31/96 | 1/31/96 | ||||
| Revenue: | $1.04 | Assets: | $4.41 | ||
| Net Income: | -$1.29 | Liabilities: | $2.68 | ||
| EPS: | -$0.12 | Equity: | $1.72 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company develops and provides online guides to the Internet's World Wide Web that serve as a new medium for information access. The company's products and services enable users of the Internet to quickly, easily and accurately identify, select and access the resources and information of interest to them. The company's easy to use, visually appealing products and services are offered free of charge and include the Lycos Catalog, which the company believes is one of the most comprehensive indexes of the Web, the a2z Directory, introduced in February 1996 as a convenient way to browse general categories of interest on the Web, and Point Reviews, which provides high quality editorial reviews and ratings of popular sites on the Web, serving tens of millions of information requests per month. More than a single directory or search engine, the company's family of products and services supplies viewers with a one-stop information destination for navigating the Web. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and other general corporate purposes including acquisition of products, technologies or other businesses. |
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