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Terra Lycos

(TRLY)

was down 8.1% in late afternoon trading despite a 226% jump in sales at

Lycos Europe

, which is jointly owned with

TheStreet Recommends

Bertelsmann

.

Dain Rauscher Wessels

initiated coverage with a buy aggressive rating and a six-month price target of $30. Internet stocks were broadly lower along with other tech issues.

TheStreet.com Internet Index

was down 4.2%.