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Techie Rave
Massive Profits generated by the Net.
Welcome to the Techie Rave.
This month we will observe the rise of companies and the massive amounts that can be generated by the Net.
Investors paying Billions of $$ to get a piece of the Net.
Investers are figuring anything to do or connected to the Internet has to be a winner.
No ones is too sure what makes a winner on the Net.
Can it be the logos, or the information content or the service etc..?
How can these Companies be worth so much? Some don't make a product to sell. They don't make money, .. seemably.
Some Companies are search engines that are of Community (Internet) Help, but don't generate a profit or sales.
Its possible that investers may see the importance of the Net, one way or the other.
Some of the Top Companies on the Net.
AOL: $US52 billion. - Shares:
Yahoo: $US43.9 billion. - Shares:
Broadcast.com: $US3.4 billion - Shares: $US285
Amazon: $US31.5 billion. - Shares: almost $US200
With a few Australian entries.
One.Tel: $AUS150 million.
AOL, Yahoo and Amazon combined wealth estimated at($US240 bill) is equal to half the capitalisation of the 276 companies that make the All Ordinaries Index.
Yahoo is almost worth more than Boeing.
AOL's is worth more than General Motors. General Motors has been selling a range of products for many years as all of you know.
To comprehend these statistics for parrallel is a massive task.
Next month we have an interesting look at some useful Internet programs to manourver through the net protocols.
