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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (20289)	3/18/1999 12:25:00 PM
From: Ed Weider	Read Replies (2) \| Respond to of 70692

Have you seen FDX lately.. A side effect of internet shopping I would say. I think they will profit dearly. I'm adding it to my watch list. The number of U.S. adults doing their holiday shopping on the Internet more than doubled last December from a year earlier, according to a survey from Ziff-Davis Inc.'s ZDNet Internet unit. Consumers who either purchased or gathered information on holiday gifts from Oct. 1 to Dec. 16 rose to 19.8 million from 8.3 million, according to the study. Online holiday gift spending is expected to more than triple to $13.7 billion this year from $4.1 billion last year, according to Ziff-Davis. About 7.8 million people shopped online during the 1998 holiday season, spending an average of $526 each on gifts, the study found. 'People are shipping more small packages,' FDX will most likely benefit.