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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Bill Harmond who wrote (14179)8/20/1998 11:18:00 PM
From: Tom D  Read Replies (1) of 164684
 
Forrester Research Predictions for U.S. Internet Commerce Revenue....

The current issue of Fortune magazine (off-line, August 17) has an article about Cisco Systems. It includes a graph with the following estimates from Forrester Research for U.S. (not global) internet commerce revenue, in billions

1997 $ 8
1998 $ 17
1999 $ 40
2000 $105
2001 $190
2002 $325
Just want to be sure that the bears appreciate what they are betting against.

Oh yeah, almost forgot, maybe we should double the numbers above to reflect total global internet commerce.

Best Regards,
Tom D
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