Tuesday, April 26, 2005

Will the real Internet please stand up?

Things are sure moving fast these days, lot's on the go. I came across this article today and thought it was post worthly.

The Internet Has Just Begun to Make an Impact
Consider the top five global Internet market cap leaders: Google, Yahoo, eBay, Yahoo Japan and Amazon, which combined for a $2 billion market value in pre-2000 IPO. That soared to $178 billion in market value at the Nasdaq's peak in March 2000, only to fall to $32 billion at the trough on Oct. 9, 2002.

As of April 22, 2005, these five companies had a total market value of $197 billion. That new peak resulted from the Internet's ubiquity and widespread consumer acceptance."

Pretty amazing when you consider how early on we are in the growth and impact of the Internet. I've said it before and I'll say it again, what an exciting time to be alive.

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