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To: Glenn D. Rudolph who wrote (106102)	7/14/2000 12:04:12 AM
From: 10K a day	Read Replies (1) \| Respond to of 164684

What Barriers to entry? yahoo.cnet.com --------------------- NEC, HP and others to create B2B venture in Japan By Erich Luening Staff Writer, CNET News.com July 13, 2000, 3:10 p.m. PT update A unit of Hewlett-Packard, Quote Snapshot NIPNY 151.31 -1.69 HP 33.06 -0.44 ARBA 131.19 +27.69 Enter symbol: · Symbol Lookup Quotes delayed 20+ minutes Sumitomo, NEC and Ariba said today they plan to invest $7.9 million (850 million yen) in a Japanese e-marketplace for office supplies, books and stationery. Software maker Ariba said the new company, which has yet to be named, is expected to handle about $37 million in e-commerce transactions in its first fiscal year. NEC and Sumitomo will hold about 80 percent equity in the company they said would begin operations in November, while Ariba and Hewlett-Packard Japan will take a combined stake of about 20 percent. The partners anticipate revenue of $1.4 million in the first year, an amount that should increase to 14 times as much in fiscal 2002, Ariba said.

To: Glenn D. Rudolph who wrote (106102)	7/14/2000 12:05:11 AM
From: Victor Lazlo	Read Replies (2) \| Respond to of 164684

Glenn I'm starting to conclude the same thing. For a while I thought there would actually be a "first mover" winner but I am starting to think there's just no pot of gold at the end of the online retail rainbow. I think the smart way to do it is as you do- use the web to raise awareness of your business, and provide consumers with info so they are even more motivated to come to your shop. Use the web to augment other forms of advertising. jmho Victor