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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (2572)10/8/1998 11:01:00 AM
From: esecurities(tm)   of 4231
 
TechWeb Internet Top Story:"Web Companies Debate Consolidation Choices"



"...Amidst the clamor of product announcements here at Internet World, the main topic of conversation is -- who's turn is it to consolidate?

Overshadowing the feeding frenzy of 50,000 expected attendees poring over 650 company exhibitions are everywhere the signs of accelerating industry consolidation.

This fall's Internet World seeks to prove the industry has matured and it has a new appetite for business-to-business commerce, rather than just for playing "follow the leader" behind consumer-business kings Yahoo and Amazon.com.

"These deals recognize the fact that there's not an unlimited capacity for consumer electronic commerce," said Gary Arlen, president of Arlen Communications, in Bethesda, Md.

"Besides, what's the value of [any] Internet company with scant revenue?" he asked..."


source: Reuters &copy 1998 techweb.com
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