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To: zwing_88 who wrote (3267)	12/7/1998 7:02:00 PM
From: waldo	Read Replies (2) \| Respond to of 37507

>>The request, made in support of regional phone companies, followed a bullish Barron's story that said the amount of goods and services sold over the Internet is expected to hit $21 billion this year, and surge above $200 billion by the year 2000. << Bullish reports lift Internet stocks cbs.marketwatch.com W

To: zwing_88 who wrote (3267)	12/7/1998 7:07:00 PM
From: waldo	Respond to of 37507

>>The number of U.S. households buying gifts over the Internet this holiday season is expected to hit a record 8.75 million, up from last year's 5.2 million, according to industry analysts at the Yankee Group. The researchers project holiday spending will total $2.55 billion, and represent almost a third of this year's e-shopping. Putting it in perspective, Yankee's Melissa Bane said, "We expect this year's Internet holiday sales to come close to the total online sales in 1997." Reasons sales are increasing include credit card companies' support, greater promotion by online merchants, and the migration to the Net of well known, trusted brand names, Yankee said. << >>1999: the year of bandwidth Demand by consumers and businesses for ever faster and more robust Internet access will be a key technology challenge next year, according to a PricewaterhouseCoopers' technology forecast released today. Michael Katz, of the professional services firm's global technology center said, "We're seeing huge plays by the telephone, cable and satellite companies all struggling to be the bandwidth provider of choice to consumers." At the same time he said, "These providers will be challenged by decreasing prices they can charge for bandwidth and meeting increasing demand -- and they're hoping that traffic goes up faster than the prices go down." The report said increasing bandwidth capability for consumers will be critical to the growth and success of electronic commerce, both to increase its speed but also to permit enhanced marketing efforts and product displays.<< cbs.marketwatch.com W