Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.44

-1.6%

3:34 PM EST

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To: Boplicity who wrote (51548)	11/23/1999 2:04:00 PM
From: T L Comiskey	Read Replies (1) of 152472

Greg...OT...<.e commerce>...partial story By Gary Langer ABCNEWS.com Nov. 22 ? Step back, Santa: The number of Americans who plan to buy their holiday gifts on the Internet has nearly tripled this year, to more than one out of every six adults. Eighteen percent in a new ABC News survey say they?ll buy Christmas or other holiday gifts online this year, compared to just seven percent who say they did so last year. That?s an increase of nearly 22 million individuals in the world of Internet commerce. The holiday shopping season, a make-or-break time for most retailers, traditionally begins after Thanksgiving. It?s especially critical this year for online merchants, hoping their investment in this new channel can draw enough buyers to produce profits. This survey suggests ultimate success ? not only because of the extraordinary rate of growth in online buying, but also because these shoppers seem to have money: In households with annual incomes over $50,000, holiday buying online soars to 32 percent, or nearly one in three adults.

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