Dixie,
It may also interest you to know that business-to-business use of the Net (currently at around $17 billion) is projected to grow to $400 billion by 2002, with volume doubling every three or four months.
If the ProNetLink site takes part in some of that growth, it could become not only profitable but one of the most competitive places to do business in the world.
Cheers,
Bond
P.S. I'm surprised that the analyst report left out a mention of Amazon's recent acquisition of 'global ' assets: 1.) Bookpages, one of the largest online bookstores in the U.K., providing access to all 1.2 million U.K. books, 2.) Telebook, No. 1 online bookstore in Germany with 400,000 German language books, and 3.) Internet Movie Database for film/TV fans. Total outlay: approx. 540,000 shares of AMZN. Yes, traditional 'value' approach clearly doesn't work with Net stocks at the moment. It's the Nineties! |
