Newsgroup: it.economia.investire
Titolo: TERRA, A DISASTER

TERRA, A DISASTER
To whom may be interested.
It's a worker of Terra / TerraLycos writing. Please, pass this email. 
I apologize for my bad english, writing from Spain, base of the Terra 
Lycos central headquaters.
The company is very close bankrupcy. Situation here is very similar to
Xerox, 
with "creative accounting"; people here are counting losses as benefits. 
Spanish authorities, specially CNMV are doing nothing about it. They prefer
to ignore it unless it explode. The Bluff is VERY CLOSE.
-Terra was funded in 1999, by an illegal buy of the search engine OLE, 
by US$ 17.000.000, in a gigantic speculative operation. OLE was designed 
for the Catalan Government, initially sold to a "mask society" in 
Switzerland by US$ 1.000. This affaire is nowadays in the Court of Justice.
-Terra went public in a record time of 3 months, without installations, 
personnel; it was just a webpage and a logo. The PER was totally demential,
an false. The actions raised to 140 Euros in the euproria. Now actions are 
under 5 Euros, and keep down and down.
-Terra bought Lycos one year before. The spanish directors of the new Terra
Lycos had (and have, they are the same bastards) no idea of internet. They 
started to desperate in the beginning of 2001. The annual losses were a 
serious concern for the Boss Company, Telefonica. Soy the order was: 
"do what you need to do". The answer has been:
1) The official hits are false. Terra uses software "hitters" in the
computers 
of its employees -like me- in order to obtain false hits. More or less, a
20% 
to 35% of the global hits, depending on the necessities. I have one in my
PC.
2) The official hits are masked by the spanish audience systems. Terra is 
paying for it a lot to some people. As a result, the hits "increase
miraculously".
3) Terra has a 40% of its hits coming from United States porn pages, 
using their servers. They are so desperate that they don't check the
contents. 
You can find CHILD PORN easily in the Terra servers. They do nothing. 
They prefer the hits...
4) Terra today has 200 employees, and the 67% of them are under
scolarships. 
No payment, no social security, no labour rights. They even make contracts,
and don't pay. No reclamations allowed; you'll be threatened to the limit.
5) Terra Spain / Terra Argentina / Terra Brasil are no more than general 
magazines in the Interned published by scholarships, and some servers. 
That's all. But Terra goes public as a Hi-tech company in the markets.
6) Terra email services are between the worst in the world.
underdimensioned, 
they have no personnel, and lots of mails are lost EVERY DAY. Hundreds of
thousands.
7) Terra email is a complete anarchy; nobody checks nothing, so the SPAM is
everywhere and Terra is in a lot of blacklists all over the world.
8) Terra is destroying -literally- the News service in Spain, which is 
responsibility of Telefonica, just to promote their html based forums.
9)The Terra free service to access and the "flat rate" service simply
doesn't 
work; it's an idea of a "brilliant" executive in order to have the clients 
desperate and offer them the ADSL service. True! Absolutely true! I know
the guy.
10) The technical assistance telephone of terra is a 906, a high rated 
hone number. Telefonica charges you 1 Dollar for minute of calling. 
You can imagin: music, an 10 minutes of waiting is the average call to 
the tech assistance of Terra.
11) Terra charges their cliends with unsolicited new services. The idea? 
The same guy of the ADSL "peculliar" promotion.
12) Telefonica is really frightened with the potential disaster Terra 
represents, so their plan is to diminish their price in the Spanish Market,
and in the NASDAQ, take it out of the Market, and buy it. The idea is to 
escape from the ghost of a worldwide corruption scandal. It covers Terra, 
Telefonica, and other Telefonica subsidiaries. It's a Titanic in terms of 
financial situation.
13) Almost broken, Terra has hundreds of thousands of little investors 
absolutely trapped. They bought on 50, 80 or 120 Euros, and now they have 
less than 5 Euros for share unit. No hope. No way out. It means lots of 
people ruined. That's a disaster!!
14) Most of the media in Spain are properties of Telefonica, or have
Telefonica 
as their main announcer, or are interested on the Digital TV Fusion with 
Telefonica to be made next year, so NOBODY has the guts to say what's
happening here.
15) Only one page did. 
www.atrapadosenterra.com
 (
trappedinterra.com
) The
page 
was closed by the Telefonica lawyers.
16) Terra is pure air. Nothing, except a lot of executives; most of them
never 
use the NEt, and they don´t read even their email; it´s a work for their 
secretaries. They don't know how to use the Outlook!!
They are working now on their best way to get out the company 
and be accepted in Telefonica. Some "awards" to the silence are being
prepared 
by the mother company.
I want to send this advice to the people who has stock of Terra or
Terra-Lycos 
all over the World. I am inside. I know the shit it is. I can't give my
name 
for obvious reasons. I you can, please, try the authorities to investigate
it. 
Here in Spain we have a new Xerox case.
Personally I can't stand to work everyday close to those bastards. They 
are like pirates. No mercy, no service, no moral. But tons of cowardy.
Personally, I find it terribly disgusting.
Thanks for your attention.
Someone in Terra.

non vi esorto ma vi invito a giudizio delle mie esibizioni fotografiche osè
su 
http://on.to/liana
--------------------------------
Inviato via 
http://usenet.iol.it