Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: Selfmade$ who wrote (6508)	6/1/1999 9:01:00 AM
From: WallStreetTips	Read Replies (1) \| Respond to of 28311

GNET >>> Welcome Over Viewer to this board. This week SI will reach 10 Mill posts mark. Annual general meeting, Paine Webber conference and Paul Allen deal finalization etc. followed by Furman Selz and others conference where GNET will present. More kids are/will be home now due to summer vacations and will be on internet so expect more hits on GNET sites especially PlaySite, Metacrawler and Webmarket. Looks like this month will be good one for GNET investors. Just my views.

To: Selfmade$ who wrote (6508)	6/1/1999 2:31:00 PM
From: WallStreetTips	Respond to of 28311

GNET >>> 10 Millionth Post contest is great idea. Check this out: techstocks.com

To: Selfmade$ who wrote (6508)	6/2/1999 8:20:00 PM
From: WallStreetTips	Read Replies (1) \| Respond to of 28311

GNET >>> Look at this article on E-Commerce Projections E-commerce forecasts too conservative, strategist says Copyright © 1999 Nando Media Copyright © 1999 Reuters News Service NEW YORK (June 2, 1999 4:56 p.m. EDT nandotimes.com) - If history is any guide, current forecasts on the growth of electronic commerce will be too conservative, PaineWebber Group's stock strategist Edward Kerschner said Wednesday. "Major technological revolutions are always bigger than anyone expects," Kerschner told a group of institutional investors. "Even the most bullish forecasts are probably conservative." He noted that forecasts about the early growth of the automobile industry were dismissed on Wall Street as too fanciful, only to have actual production rates far exceed the most rosy projections. "E-tailing" sales are expected to grow to $100 billion a year over the next three years from an estimated $25 billion in 1999, Kerschner's report on the investment outlook said. Kerschner told the group that, despite the bright prospects, investing in e-commerce is far from simple. Internet businesses are easy to get into and, "being there first is not a guaranty of survival," he said. He noted the disappearance of many personal computer companies that were leading the business in the early 1980s. By 1984, the stocks of these companies were down sharply. Today, the personal computer business is dominated by companies that did not even go public until after the boom years of 1982-83. In 50 years, services will account for 80-85 percent of private-sector gross domestic product (GDP), compared with 72 percent now. Agriculture and mining will each account for a slim one percent of private-sector GDP. Information is moving in the direction of becoming a free commodity, which is bearish for many traditional providers of news, sports and financial information, he said. As for the effect of e-commerce on real estate, Kerschner said the outlook is for lower demand for retail space, but higher demand for warehouse space. The demand for office space is likely to be unchanged. Kerschner is chairman of the investment policy committee at PaineWebber. This article was found at: icyspicy.com