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Technology Stocks : Timberline Software (TMBS)

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To: WTSherman who wrote (787)	3/4/2000 6:38:00 AM
From: James Overko	Read Replies (2) of 819

WT I disagree -- are you calling the construction industry a niche area ??? check out this post from Motley-- BJDARCH e-construction is a HUGE untapped growth area and MSFT is now buying into all sorts of software companies Author: bjdArch Number: of 795 Subject: Re: Value -TMBS Internet Strategy Date: 3/3/00 1:20 PM Email this to a Friend Format for Printing Post New ? Post Reply ? Reply Later ? Create Poll Problem Post ? Recommend it! Recommendations: 0 This article is liked to the Cephren site. It has some quantitative data on e-construction as well as some anecdotal : star-telegram.com From the highlight reel: So far only a fraction -- some $6.3 billion -- of the construction industry's overall business is conducted online, according to Forrester Research, which studies e-commerce. Even by 2004, Forrester expects the online total to reach only $141 billion, or less than 11 percent of total construction spending... That is not stopping entrepreneurs and their investors, though, from setting up sites on the assumption that such laggards will eventually see the light... "But there's not much I can do right now. A lot of these subcontractors are still in the Dark Ages." As for that recalcitrant steel subcontractor that got the job solely on the basis of a low bid? "Next time I'll do a better job of convincing the owner to go with somebody else who wasn't as low, but who'll save us money in the long run by using this system," Ball said. "It's the new math of the Internet."

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