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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: HeatherN who wrote (8090)	6/23/1999 10:20:00 AM
From: NotNeiderhoffer	Respond to of 28311

HN, Not only that but I was hearing some time back that RB was offering TokyoMex money to move his show over there. Hell, I would of chipped in cash to get him to leave. I have not checked out RB in quite a while. It seemed a little quiet over there and according to my back of the envelope calculations they will not hit their 10 millionth post until August. of 2007. I did not make the RB meeting uptown yesterday but I think they might be coming public soon or perhaps hook up with somebody. In any case I think we might hear a little noise out of them in the months ahead. NotafraidofRBbutWethereallisprettysmartNeiderhoffer

To: HeatherN who wrote (8090)	6/23/1999 10:47:00 AM
From: WallStreetTips	Respond to of 28311

GNET >>> E-Commerce expected to be $1.1 Trillion in 2002, Read This This article found at icyspicy.com E-commerce revenue seen at $1.1 trillion by 2002 By Reuters Special to CNET News.com June 23, 1999, 5:30 a.m. PT URL: news.com Deloitte Consulting said today that it forecast e-commerce revenues would top $1.1 trillion globally by 2002 from $15 billion in 1997. According to a Deloitte study, 70 percent of large companies are expected to adopt the Web as a sales medium to more than 200 million Internet users worldwide by 2002. Sean Clifford, an IT specialist at Deloitte Consulting, told a news conference that of the $1.1 trillion, $842 billion would be from the United States, the other $300 billion or so was globally. "The estimate for Asia is approximately $50 billlion," he said. Clifford said the major obstacle to e-commerce in Asia was personal computer penetration which was low compared to that in the United States. In the North American market, PC penetration rate was 40 percent and rising to 60 percent, while the rate was roughly 20 percent in, for example, Hong Kong, and growing by about 20 percent a year, he added. "Hong Kong is arguably the best-positioned in the region to take advantage of the benefits and implications of e-commerce," Clifford said. Another issue was taxation of e-commerce transactions. Clifford said Singapore and Malaysia were doing well in dealing with the tax issue and might be pioneers in Asia in producing a complete set of taxation rules for e-commerce transactions. "Hong Kong is not very far behind," Clifford said. He said retail financial services in Hong Kong would be one of the first industries capable of benefiting from e-commerce. However, Clifford said: "The use of mobile phones in Hong Kong for financial services will far exceed Internet usage in the next two to three years." This was in large part because "everybody has a mobile phone." Management consulting concern Deloitte Consulting is part of Deloitte Touche Tohmatsu, a worldwide professional services group.