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Technology Stocks : STOCKS FOR THE COMING CONFLICT

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To: GARY P GROBBEL who wrote (1515)	11/6/2001 3:55:40 PM
From: Madeleine Harrison	Read Replies (1) of 3054

The statistics are pretty amazing: B: Fear of flying keeping executives grounded. Jitters have Web conferencing business on the rise Nov 06, 2001 (Inman News Features via COMTEX) -- The U.S. Web conferencing market is set to grow rapidly as jittery business executives opt out of traveling by air. According to New York City-based research firm Frost & Sullivan, the Web conferencing market will have revenues of $110 million this year, up 75 percent from last year's total of $62 million, Nua Publishing reported. Before the Sept. 11 attacks, Frost & Sullivan had forecast that this market would grow by 65 percent to $102 million. However, there has already been a sharp increase in the number of firms using Web conferencing in the past two months. The research firm predicted that Web conferencing revenues would grow by a further 75 percent next year. That growth will be due to a realization of time saved rather than a fear of air travel.

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