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I'm an SEO specialist (allegedly) - and I don't know what they are! If they are talking about premium directory listings - they are worthless. If they are talking about sponsored listings, you can get them yourself through Overture/Espotting (depending on country). If they are talking about keyword driven banners - that is really nothing to do with SEO (and don't work that well anyway in most markets). If they are talking about paid inclusion, you can do that yourself as well.
As 4eyes said, it is probably only worth spending any money with Lycos if all other more important areas have been covered.
I was having a really bad day, and then someone comes running up showing me the email about this.
Lets just say the next 10 minutes was on the phone, and in the end they hung up on me as they did NOT have a clue about what/where/who they were offering.
Had they been closer to my office, I would have actually gone round to give them a piece of my mind.
The best bit was when the manager informed me that as their company was a GoTo approved reseller, they had products which chaps like me did not know about.
Obviously a well knowledgeable outfit.
As has been said b4, send them to me :)
The premium links may offer good value for money if you choose the right keyword. We secured "web hosting" for our hosting business for less than £30 per month.