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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (10714)	7/7/1999 5:45:00 PM
From: vinh pham	Read Replies (1) \| Respond to of 30916

i hope we saw the first and the last of this Greenberg article today. as hawaii60 pointed out, had the Israeli company not forgotten to pay the minuscule fee to the state of NY (which Courter attempted to explain as an overlook by the company's technical oriented management) the Greenberg article would not have had made it to the press. anyhow, here's an article that lends support to why IDT is actively involving with internet access services outside of the USA as suggested by the previous post from Orphil. dailynews.yahoo.com Wednesday July 7 4:34 PM ET Study Says Worldwide Internet Use To Reach 130.6 Mln NEW YORK (Reuters) - Another 35.2 million people worldwide will gain access to the Internet this year, according to a study released Wednesday, bringing the total number of active Internet users to 130.6 million. The report, issued by eMarketer, a New York-based firm that specializes in online business, predicted that the number of active Internet users will climb to 350 million by the year 2003. That would be a 267 percent increase from the 95.4 million people using the Internet at the end of 1998. The study, titled eGlobal Report, aggregates research data from hundreds of different sources, including Forrester Research, Intelliquest, Jupiter Communications, Dataquest, Datamonitor, Cyber Dialogue and IDC, as well as many international research firms. A snippet of findings from the 212-page report: -- North America lost majority share of the world's Internet user population in the first quarter of 1999 as total users in the rest of the world surpassed the North Americans. -- Worldwide e-commerce revenues will grow from $98.4 billion in 1999 to $1.2 trillion by 2003, and the United States will continue to enjoy a majority share of every e-commerce dollar. -- After the United States, Germany has the second-highest level of e-commerce revenues in the world, $1.5 billion in 1998 and $4.4 billion projected for 1999. The United Kingdom follows, with $1.49 billion in 1998 and $3.7 billion in 1999. -- The number of people online in South America will rise from 4.1 million in 1999 to 26.6 million in 2002, an increase of 550 percent. -- More than 75 percent of the world's Web sites are in English. ''The growth in new Internet users, particularly in regions like Europe and Asia, has been phenomenal,'' Geoffrey Ramsey, chief statistician at eMarketer, said in a news release. ''Yet the millions of active net users today represent only 2.2 percent of the world's total population of 5.9 billion.'' The firm said the report provides information on Internet use in every country. More details on the full report, as well as ordering information, are available at emarketer.com.