Considering only 25% of US Population are using Internet now, by 2002, the ratio will rise to 60-70%. Of course there will always be some die-hards who never use Internet. Now considering the world, Asia and Latin America are basically untapped markets. And there will be Japan@Home, Korea@Home, China@Home, Brazil@Home, @Home could storm Europe as well. By 2005, Internet access will become as common as a telephone access. Every household got to have it otherwise they just can't shop, bank, watch movies, trade stocks and call people.
300 billion is not conceivable by today's standard. But considering we are undergoing an Internet revolution in all fronts, not only will @Home grow, but also the market will grow exponentially. I believe 300 billion market cap will be a small number by 2005's standard. Of course it may take us more years to get there, but it will.
But 800/share is good enough for me. :-) |
