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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 124.52-2.2%12:59 PM EST
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To: White Shoes who wrote (510)11/13/1998 10:13:00 PM
From: Jeff Dryer  Read Replies (1) of 28311
 
White Shoes, Thanks for starting this thread. I seem to recall you constructed a pretty amazing portfolio to begin the year.
Subject 18551

>Anyone want to tell us how the business web hosting service
>(market or something) is going? It's an intriguing concept.

Hypermart ( hypermart.net ) has over 100,000 members and is growing at about 400 new members per day.

Hypermart is a very similar concept to LinkExchange (which Microsoft just purchased for around $250 million last week) but has the added advantage of hosting its member sites. At present growth rate, Hypermart will host more than 200,000 member sites in less than a year.

According to International Data Corporation,

"7% of all small businesses in the United States had a Web site at the end of 1997. However, IDC expects small and medium-sized businesses to generate most of the growth in the Web hosting market, and account for 95% of the total estimated Web hosting market in the United States by the year 2000. Hypermart is uniquely positioned to be a beneficiary of the significant growth resulting from this expansion by businesses onto the Web. Further, IDC estimates that the market for enhanced Internet services in the United States, including Web hosting, will grow from approximately $352 million in 1997 to over $7 billion in the year 2000."

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