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Technology Stocks : Dega Technology, Inc.

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To: M. Carver who wrote (31)2/12/1999 1:38:00 PM
From: Qone0  Read Replies (1) of 108
 
I just picked up 3000 more shares at 2 5/8. Here is an interesting tid bit out of Fortune Mag.

Online companies such as bookseller Amazon.com and auctioneer eBay may be showing the internets potential to transform consumer retailing,but the real action is in a less-hyped area: Business to business e-commerce. Forrester Reasearch in Cambridge,Mass.,estimates that businesses bought and sold $ 43 billion in goods over the internet last year,vs.only$8 billion bought by consumers. By 2003 more than 90% of the predicted $1.4 trillion in internet commerce will be conducted between businesses.

That is what DEGA is. A business to business e-commerce company. Whoever is selling just because the stock is up has no idea what they are selling.
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