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To: TLindt who wrote (3670)	3/11/1999 3:27:00 PM
From: Sam Biller	Respond to of 20297

>>>Watch it...when you run over 5%x5 days, you might get picked up for speeding...the limit is 4%x5! <<< That's OK, after the past 5 days, I can afford the ticket <g> In all seriousness, any TA on where were heading? Looks like a cup and handle pattern forming?

To: TLindt who wrote (3670)	3/11/1999 4:45:00 PM
From: Rob C.	Respond to of 20297

TL, What happens when these people finally wake up??? (Dow Jones Online) Study Shows U.K. Companies Have Lower Understanding Of The Internet Dow Jones Online News, Wednesday, March 10, 1999 at 15:37 LONDON -(Dow Jones)- The U.K.'s Institute of Directors and software company Oracle said Wednesday a study they sponsored raises up questions about the ability of U.K. companies to compete in the world of electronic commerce. They said the study shows U.K. companies lag their European counterparts in understanding the Internet, and that U.K. business leaders aren't worried by the threat of competition via the Internet from Europe or elsewhere. The study, sponsored by Oracle (ORCL) and the Institute Of Directors and conducted by the Bathwick Group, surveyed 500 board directors in 11 European countries and the U.S. about the opportunities and threats of the Internet. It showed less than 4% of U.K. businesses believe the cost of doing business could be cut by the Internet, compared with 15% of U.S. companies, 18% of Swedish companies and 30% of Finnish companies. In contrast, a recent U.K. Department of Trade and Industry, or DTI, paper on the digital economy indicates the Internet is being used to generate savings throughout the supply chain, by giving companies access to a global pool of suppliers. Less than 2% of U.K. respondents were worried about competition from companies using the Internet, compared with 14% of U.S. companies, 23% of Norwegian companies and 17% of German companies. The DTI paper published late last year, however, didn't paint as poor a picture. It concluded while the U.K. was behind world leaders in the e-commerce stakes after a relatively late start, it was catching up. In fact, it showed while the U.K. was behind the U.S. in the use of the internet for commercial transactions, it was on a par with Germany and Japan and ahead of France Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved.