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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: George Coyne who wrote (38883)3/12/1998 11:09:00 AM
From: FUZFO  Respond to of 61433
 
excerpt from IDC research

idcresearch.com

Internet Commerce Revenues in Western Europe to
Reach $30 Billion by 2001
Total Internet commerce revenues in Western Europe will grow from $1 billion
in 1997 to $30 billion in 2001. This report, based on IDC's Internet
Commerce Market Model, reveals the average transaction size per buyer per
year will grow dramatically, especially for the business-to-business segment,
driving total Internet commerce revenues to astonishing levels.
IDC projects the number of devices accessing the Web in Western Europe will
grow from 14.2 million in 1997 to almost 58 million by the end of 2001. The
number of users associated with those devices will grow from 16.6 million in
1997 to 56 million by yearend 2001.


(this should require lots of equipment from networkers. Fuzfo)