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Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (5797)	5/6/1998 1:01:00 PM
From: James Sinclair	Read Replies (2) \| Respond to of 9343

Obviously (I hope!) Webbie was engaging in hyperbole. Of course the man in the remote third world village is not likely to be web surfing any time soon. I don't think you have to go to that extreme to find large pools of untapped users. I'd bet that the vast majority of the people who live in my apartment complex (Boston suburbs) have yet to make their first online purchase. The belief of those of us that are bullish long term on web stocks like SEEK is that the day when web use (in the first world at least) becomes almost as common as watching TV or using the phone is not THAT far off. I have to remind myself that it was only five years ago that someone showed me Mosaic for the first time. Is that day 5 years (10, 20???) off. I don't know. I just think it would be a big mistake to underestimate it. Also, the statement that Coke will be considered an 'internet' stock is probably an exxageration as well. It would be like thinking of 1-800 Flowers as a telecom stock because they do most of their business over an 800 number. I think it is safe to say that in the near future Coke's bottom line will be significantly affected by how it manages its relationships with suppliers and customers over the web. Coke will benefit from the internet, that just doesn't make it an 'internet' stock in the most common sense.