SAN FRANCISCO -- The CMGI (CMGI) -Lycos (LCOS) saga took another twist Monday when a CMGI executive suggested that a group of buyers could be interested in the Internet portal company.

Addressing the

PaineWebber

conference Monday in New York, Peter Mills, general partner in CMGI's investment arm, CMG@Ventures, said a confederation of third parties that could include CMGI was looking to buy Lycos.

Mills said potential "interested parties have stepped up."

Last week, CMGI CEO David Wetherell

quit the Lycos board of directors to protest the merger of Lycos and units of

USA Networks

(USAI) - Get Report

and to look for alternative solutions.

"It's about economics," Mills said. In another matter, Mills noted that CMGI would announce a sale of its minority holdings in online ticketing operation,

TicketLive

.

News that CMGI will be added to the

Nasdaq 100

beginning Wednesday is providing a lift in the stock today. It was up 17, or 10%, at 181. CMGI will replace

Netscape

(NSCP)

in the Nasdaq 100.

Shares of Lycos were up 6 3/8, or 6.5%, at 105.

-- George Mannes

In the News

Onyx Software

(ONXS)

continued to soar. The stock was up 55% Friday to 27 13/16 after

Credit Suisse First Boston

announced it was initiating coverage of the company with a buy rating. Onyx CEO and Chairman Brent Frei appeared on

CNBC

this morning and the stock raced to an early high of 51 5/8, but was recently trading at 41 1/2.

Bottomline Technologies

(EPAY) - Get Report

was up 19 9/64, or 27%, to 74 after a number of firms initiated coverage of the stock last week.

America Online

(AOL)

traded to an all-time high after the

Justice Department

cleared AOL's purchase of Netscape Friday. AOL was trading 2 5/8 higher, or 2.7%, at 98 3/4. Netscape also traded to a new high of 89 1/4 and was recently up 3 3/4, or 4.4%, at 88 5/8.