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To: Ed Forrest who wrote (24325)	6/28/1999 1:16:00 PM
From: im~ristine	Respond to of 41369

I don't know man, But i need to put on some clean shoes!

To: Ed Forrest who wrote (24325)	6/28/1999 1:25:00 PM
From: Jenne	Read Replies (1) \| Respond to of 41369

Net spending to hit $1 trillion Study from IDC says e-commerce will hit the trillion dollar mark in 2003. By Margaret Kane, ZDNN June 28, 1999 9:37 AM PT Internet commerce is poised to hit the trillion dollar mark as early as 2003, according to a new study from International Data Corp. Add your comments to the bottom of this page. 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. MORE FROM ZDNET: E-commerce will mean $43 billion in Net services spending ZDNet e-business 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.