To: Glenn D. Rudolph who wrote (126898 ) 6/21/2001 2:14:34 PM From: H James Morris Respond to of 164684 >Last Update: 10:18 AM ET June 21, 2001 E-Bay's (EBAY: news, msgs, alerts) E-Bay.com and Half.com e-commerce sites ranked second and third in May for transactions on sites recorded by NextCard's (NXCD: news, msgs, alerts) latest monthly survey. Amazon.com (AMZN: news, msgs, alerts) ranked first, as usual. "Consumers purchase at Amazon.com more frequently and the size of the purchases are 23 percent higher than their closest online competitor, BarnesandNoble.com (BNBN: news, msgs, alerts) ,"said Scott Lascelles, group vice president of loyalty marketing at NextCard. The NextCard report, issued Thursday, reported the average sale through Amazon.com rose almost 12 percent to $45.41 while E-Bay saw about a five percent decrease in May from April spending by NextCard users. The I.M. generation The Internet has become the telephone, television, video games and radio all wrapped up in one package for today's teenagers, according to a study from the Pew Internet & American Life Project. Three-quarters of American middle school and high school students use the Internet, said Lee Rainie, director of the Washington-based research group. "Teens use online tools to chat with their friends, kill boredom, see the wider world, and follow the latest trends," he said. "Many enjoy doing all those things at the same time during their online sessions. Multitasking is their way of life." Teenagers' use of the Internet has become a source of tension at times in many homes. Some 40 percent of parents say they have argued with their children about their use of the Internet and most say they have tried to lay down rules about their children's use of the Net. Listen to Lee Rainie. Disney exec: everything Net is old again The chief of the Walt Disney Co.'s (DIS: news, msgs, alerts) Internet division says he's seen it all before. Twenty-five years ago, it was cable TV. "The cost of entry was so low, many jumped in and failed. But it does not mean the Internet is a bad content medium," said Richard Glover, executive vice president, at the Streaming Media West trade show yesterday. He said the shakeout in Internet companies, which also claimed the independence of Disney's Internet Group and several Disney web properties, is "a good blast of Darwinism," Newsbytes said in its report on Glover's comments. He cited Ted Turner for being focused on CNN, and not giving up despite cable's having the same frustrations that the Net does today, "Advertisers skeptical, big losses, and companies pulling out and later regretting it."