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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (41207)12/29/1998 10:49:00 AM
From: Knighty Tin  Read Replies (4) of 132070
 
To All, I have been having trouble figuring out how insignificant internet sales really are. Here is the scoop. They are estimated to be $13 billion this year. Walmart will do $130 billion, give or take the entire amount from the net, this year. Yes, net sales are growing quickly, but from a dinky base. So, despite the silliness about the wave of the future and all, they are doing better than The Home Shopping Network and are a wee bit higher capitalized.

In other words, right now, internet shopping is a big nothing. Sound and fury indicating null and void. <G>

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