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Technology Stocks : Fingerhut (FHT) goes on Web site acquisition binge -- Ignore unavailable to you. Want to Upgrade?

To: Patriarch who wrote (19)	12/10/1998 2:34:00 AM
From: Don Roberts	Read Replies (1) \| Respond to of 144

Another study forecasts holiday spending By Reuters Special to CNET News.com December 9, 1998, 5:30 p.m. PT Time for another guess at online holiday spending: Internet retail purchases for the holiday season will reach $2.35 billion worldwide as more consumers find online shopping convenient and secure, according to a new study by Dataquest Dataquest analysts said the number was based on surveys of consumers' past spending and future online buying plans, as well as projections for more first-time Internet buyers this Christmas season. It said this year's holiday online spending would compare with about $1 billion last year. "Shoppers have seemingly gotten past the major security issues, especially with the major credit card players getting heavily into ad campaigns, which implies their approval of online shopping with credit cards," Allen Weiner, director of Dataquest's Internet and Enterprise Strategies Worldwide program, said in a statement.