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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.08+0.8%9:34 AM EST

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To: Zoltan! who wrote (28882)10/27/1999 11:22:00 AM
From: Curtis E. Bemis  Read Replies (1) of 77400
 
Ecommerce is not chopped liver--

Off AP-Internet Revenues Projected To Rise

WASHINGTON (AP) - Revenues for Internet-related businesses are projected to rise more than 67 percent this year to $507 billion, according to a study financed by one of the industry's giants. With the increase over $301 billion in revenues in 1998, those businesses now account for 2.3 million jobs, according to the study by the Center for Research on Electronic Commerce at the University of Texas in Austin. The study, funded by Cisco Systems Inc., the $12.1 billion computer networking company, included both those running the Internet - such as computer hardware and software companies - as well as those selling products over the network. Cisco provided the study to news organizations for publication Wednesday.
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