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To: Sarmad Y. Hermiz who wrote (44321)3/7/1999 8:59:00 AM
From: gjhinc  Read Replies (1) | Respond to of 164684
 
I love the internet data model and the extrapolations therein. My first engineering job out of school
paid $26.5k/year. Within 4 years I was making just short of $40k/years. Now since I've been
providing network software solutions I guess I can apply the same data model in the calculation
of what my current salary should be... let's see. $25M/year! Wow! I'd better re-negotiate my
contracts! :-o



To: Sarmad Y. Hermiz who wrote (44321)3/7/1999 10:35:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
A week ago, WSJ reported e-commerce is estimated at $6 to 13 Billion in 1998, with
total retail commerce at $1.3 trillion. So that $900 billion sure looks very large.


Sarmad,

Frost grouped business to business e-commerce in with retail e-commerce. The 6-13 billion dollars in 1998 is retail e-commerce. That is the industry in which Amazon is playing. Forrester Research estimates retail e-commerce in 2003 to be about $60 billion. They do estimate total e-commerce at $900 billion but as you can see, the majority is business to business. We better take these numbers with a grain of salt. Forrester Research has no way of knowing how much e-commerce retail or otherwise there will be in 2003.

Glenn