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Microcap & Penny Stocks : Cool Entertainment (CULE) -- Ignore unavailable to you. Want to Upgrade?


To: burner who wrote (391)6/28/1999 9:49:00 AM
From: tobin sears  Respond to of 488
 
Hi all,
I was out of town for a bit...no news yet I guess. I am expecting that the site will have most of the free e-mail and game stuff sometime in the next week, retail portion up by mid July, and then newer entertainment oriented modules added after that. This is my prediction. Dan, I am glad to hear they are taking their time to do this right. That would be very interesting and, I must say, impressive if they held an open house for shareholders at this young age. Wow...if everything goes right, we are all, including the people behind CULE, are going to really enjoy a nice return on our investment over the next couple of years. Hoping for news towards the end of the week.

Regards,
Tobin



To: burner who wrote (391)6/28/1999 5:56:00 PM
From: tobin sears  Read Replies (1) | Respond to of 488
 
Neat! Look at all this money you can get CULE!! (;

Monday June 28 05:00 PM EDT

Net spending to hit $1 trillion
Margaret Kane, ZDNet

Internet commerce is poised to hit the trillion dollar mark as early as 2003, according to a new study from International Data Corp.
The Framingham, Mass.-based research firm said that the Web will also become less U.S.-centric, with an estimated 65 percent of Web users coming from other countries by 2003.

The online buying phenomenon will be driven by larger purchases, and more shoppers, IDC said. The number of Web buyers is expected to jump from 31 million in 1998 to more than 183 million in 2003.

IDC isn't the only one expecting big things from Internet commerce. Forrester Research of Cambridge, Mass. expects business-to-business hard goods sales online will hit $1.3 trillion by 2003 and Jupiter Communications predicts teenagers alone will spend $1.3 billion online by 2002.

Other information seems to support these studies. For instance, the Commerce Department recently released a report stating that electronic commerce and information technology were responsible for a third of the nation's real economic growth between 1995 and 1998.

In 1998 alone, the Internet economy generated $301.4 billion in revenue, according to a study released earlier this month by the University of Texas at Austin's Center for Research in Electronic Commerce