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To: GST who wrote (113109)	12/20/2000 11:25:14 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Now it's official: The Internet advertising business is in the crapper. For the first time in the four years that PricewaterhouseCoopers has been tracking online advertising, total U.S. online ad revenues have declined from the prior quarter. Internet advertising revenues for the third quarter of 2000 amounted to $1.99 billion, up 63.3% from one year earlier but down 6.5% from the second quarter of 2000. The quarterly figures, which are drawn from confidential industry surveys, confirm both the recent weakness in the online advertising market yet the long term growth in online advertising.