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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 232.38

+0.1%

Dec 24 12:59 PM EST

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To: KeepItSimple who wrote (74938)	8/20/1999 9:58:00 PM
From: Bilow	Read Replies (2) of 164684

INTERNET GROWTH RATE COLLAPSES! According to Media Metrix: The total universe of Internet users (At Home and Work combined) grew more than 11 percent since July 1998 from 56.6 million to 62.9 million in July 1999. mediametrix.com While other indicators are still showing some growth, the leading internet indicator, number of users, is showing definite signs of peaking out. Expect to see articles in press soon about "People Who Have Given Up Surfing the Internet." You can take that 11% figure any way you like, but it is hard to see it as anything other than an announcement of the end of the internet stock bubble. -- Carl

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