From today's TheStandard.com bulletin:
>BACKLASH? WHAT BACKLASH? In three years, online consumer spending
>will top 1.6 trillion dollars, up 478 percent over the year-end 1999
>figure of $33.5 billion, according to the latest numbers from IDC.
>By 2003, the group projects, 38 percent of surfers will buy online,
>also up from the 29 percent from projections for December 2000. And
>as international e-commerce takes off, the share of U.S.-based
>e-commerce will fall to 48 percent next year from 62 percent in 1999.
Pretty weird math here - either they mean up 4676% or they mean $160 billion, not $1.6 trillion, in which case it'd be up 378%, not 478%. Unless the New Economy requires a New Math.
Doug