Tor - 7:40 am on Oct 24, 2002 (gmt 0)

Terra Lyco`s financials is still in the red and they are loosing money fast. This is part of a bigger plan that they have to put into effect in order to be profitable next year. They are also in the market of selling the biggest internet newspaper in Norway [nettavisen.no ]. The paper is loosing money and Terra Lycos wants to find new owners, preferably another media company.