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To: sandintoes who wrote (1024)1/27/2000 1:52:00 PM
From: Stock Puppy  Read Replies (2) | Respond to of 2477
 
Probably not yet, guess it would have new high, but it doesn't matter if you're in it long term.
Am I being overly optimistic or is it what it looks like? Drifting on a raft or Rocket ride ?

Or am I just too happy and need a smack?



To: sandintoes who wrote (1024)1/27/2000 1:58:00 PM
From: Susan G  Read Replies (1) | Respond to of 2477
 
could be this also...Business-to-business e-commerce seen soaring
======================================================================
SAN JOSE, Calif, Jan 26 (Reuters) - Business-to-business
electronic commerce will show blistering growth in the coming
years, with the worldwide market expected to expand to $7.29
trillion by 2004, more than 50 times larger than in 1999, a
market research firm said on Wednesday.
Growing from $145 billion last year, business-to-business
(B2B) e-commerce by 2004 will represent about 7 percent of the
total global sales transactions, estimated at $105 trillion,
GartnerGroup said.
"The B2B explosion is imminent, fueled by a combustible
mixture of investment financing, IT (information technology)
spending and opportunistic euphoria that is being funneled into
start-ups and brick-and-mortars' e-commerce initiatives," said
Leah Knight, principal analyst for GartnerGroup's e-Business
Intelligence Services.
"Collectively, they will drive short-term economic
disruption but long-term business efficiency across industries
and geographies," Knight said.
So-called e-market makers are expected to be the catalysts
of growth -- developing business-to-business, Internet-based
markets of buyers and sellers within a particular industry,
region or group.
GartnerGroup said e-market makers were seen facilitating
$2.71 trillion in e-commerce sales transactions in 2004, about
37 percent of the overall business-to-business market, and 2.6
percent of worldwide sales transactions.
GartnerGroup said among the best known e-market makers were
Chemdex Corp. (NASDAQ:CMDX) VerticalNet Inc.(NASDAQ:VERT) Altra
Energy Technologies Inc., PaperExchange.com, Instill Corp.,
PlasticsNet.com and Commerce One Inc.'s (NASDAQ:CMRC)
Marketsite.net.
The firm said the worldwide business-to-business market was
poised for explosive growth, reaching $403 billion in 2000,
$953 billion in 2001, $2.18 trillion in 2002 and $3.95 in 2003.

Copyright 2000, Reuters News Service