| Based upon
ActivMedia's 6th Annual "Real Numbers
behind Net Profits" study, electronic commerce revenues will exceed $1.3
trillion by 2003. Web revenues continue to flourish across all industry sectors
and expectations of online merchants who participated this year indicate that 1999 will be
a banner year for online commerce -- reaching $95 billion. Revenue growth rates of 150% -- up from 72%
are forecast for 1999 and 138% for 2000 as online buyers rely on the 'Net for a wider
range of goods and services. |