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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: OLDTRADER who wrote (134959)6/29/1999 12:21:00 PM
From: D.J.Smyth  Respond to of 176387
 
Online shopping to hit $1 trillion by 2003 according to IDC:

(they've upped their estimates yet again)

zdnet.com

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.






To: OLDTRADER who wrote (134959)6/29/1999 12:22:00 PM
From: George Wave  Respond to of 176387
 
William,
I've been reading the thread from the outside for the past month before joining. I've appreciated the professional and informative nature of your posts.

Would you be so kind as to:
1) Define On Balance Volume
2) Clarify or expand on your opinion from the previous "sheep" post

Clearly,we're in limbo land until 2:15 tomorrow. Did you know that last week CNBC was mentioning the potential interest rate hike at least once every ten minutes. It's almost like some sort of brainwashing technique through mass repetition. Such a shame...could be such a positively powerful and educational medium.

Best regards,
George Wave



To: OLDTRADER who wrote (134959)6/29/1999 4:44:00 PM
From: Frank Ellis Morris  Read Replies (2) | Respond to of 176387
 
William and All, Don't you get a little tempted to sell some or all of Dell??

It is becoming more difficult to watch the weakness in Dell's stock when the Nasdaq and the Dow are doing so well. I think that people have lost confidence even though Michael is trying to convince them that the future is good. Good news just does not seem to be good enough anymore. The quarterly earnings must not disappoint the street this time around or we are going to get weenie roasted. It is all I can do to hold on as my patience is really getting worn down.
All this so called buying opportunity and no appreciation in the stock price is frustrating. Even Compaq gained more than a point today. Dell is being treated as trash and nobody wants to buy it anymore. IBM seems to be getting all the respect that Dell once had.

Frank