1. Internet industry
- Author
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Roth, Perry H., Thorpe, Warren, Jones, Stephen E., Gelbtuch, Daniel M., Gallen, David, and Owens, Victoria
- Subjects
Amazon.com Inc. -- Finance ,America Online Inc. -- Finance ,CNET Inc. (San Francisco, California) -- Finance ,E*TRADE Financial Corp. -- Finance ,EarthLink Inc. -- Finance ,Excite Inc. -- Finance ,Infoseek Corp. -- Finance ,Netscape Communications Corp. -- Finance ,Yahoo! Inc. -- Finance ,Internet service providers -- Finance ,Business ,Business, general - Abstract
The Internet remains an exciting industry for investors due to mergers and partnerships between Web companies and media, entertainment, and communication businesses. The Internet has completely changed retail and entertainment businesses in the United States. It is anticipated that approximately 100 million Americans will be 'surfing' the Web by 2000. During the 1998 Christmas season, retail sales reached $4 billion. However, as price/earnings valuations far surpass companies in other market sectors, the Internet remains a very speculative investment propostion.
- Published
- 1999