Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: CoffeePot who wrote (28003)	11/24/1998 11:36:00 AM
From: Tom D	Read Replies (4) \| Respond to of 164684

<<<any of the recent news justify a 80%+ price appreciation>> Forrester Research used to predict (August '98) that US ecommerce would hit $1 trillion around 2003. Most of the rest of the world was quite a bit behind the U.S. I never saw their global estimates last August, but I think they would have been around 1.5T. Recently they revised their estimates and started predicting that global ecommerce would be 3.5 trillion in 2003. Forrester gets funding from internet companies. Nonetheless they have influence, especially since there were other estimates in August that were more aggressive than theirs. Tom D