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Technology Stocks : Avalon Group, Inc.

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To: Eric Fader who wrote (1465)9/29/1999 11:44:00 PM
From: Madeleine Harrison  Read Replies (1) of 1530
 
I know that most of you read InfoWorld Electric religiously,
but just in case you missed the 09/27/99 issue, here's
a tidbit. Italics are mine and there will be a test on
that content next week ;-)
-Madly

INTERNET COMMERCE CLIMBS TO $1.3 TRILLION BY 2003

Electronic commerce is booming, with sales expected to grow from
$50 billion in 1998 to $1.3 trillion in 2003, reported
International Data at the recent Internet Commerce 2.0
conference. Investments in e-business sites currently reach
between $1 million and $30 billion each, followed by an
additional 50 percent to 100 percent of that cost each year.
Despite these exorbitant costs, e-business sites are largely
profitable. Lotus Development strategist Mike Zisman finds that
a recent trend among e-commerce retailers is to locate "sweet
spots," diversifying revenues out of advertising and into a
combination of subscription and transaction revenues.
At the
conference, Zisman noted the Internet's ability to lower
transaction and coordination costs, allowing companies to
outsource to Internet application service providers. This
indicates the emergence of another trend, that of comprehensive
business process outsourcing.

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