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To: D.J.Smyth who wrote (164912)4/24/2001 2:25:35 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 176387
 
"More than $3.5 billion was spent online in March 2001, jumping 35.6 percent from $2.6 billion in April 2000, the researchers also said. Two product categories accounted for more than half the growth. Online travel spiked 58.5 percent to more than $1 billion in March, while clothing and apparel jumped 122.3 percent to $368 million. "Despite challenges in the U.S. economy, online spending is holding strong, even gaining four percentage points from February to March 2001," said Kaldor. Amazon.com (AMZN: news, msgs, alerts) was the biggest online retailer, handling 15.1 percent of all purchases. Ebay (EBAY: news, msgs, alerts) was second with 14.5 percent, and BMG.com came in third, garnering 4.3 percent of all online transactions."

i guess the web isn't dead. it's growing. most on wallstreet have died.

marketwatch.com