only 3% of US market cap is pure-play Internets

Date view Thread view Subject view Author view

From: Rohit Khare (rohit@uci.edu)
Date: Fri Apr 28 2000 - 22:10:45 PDT


The total value of the U.S. equity markets - the stocks on the New
York Stock Exchange, the Nasdaq and the Amex - is about $20 trillion.
The pure-play Internet sector, therefore, accounts for approximately
3 percent of the total. Although this is a big percentage, especially
considering that we are only five years into the Internet boom, I
believe that long-term, Internet-driven companies could account for
10 percent to 15 percent of the total, or between $2 trillion and $3
trillion.

-- Henry Blodget, in the INDUSTRY STANDARD...


Date view Thread view Subject view Author view

This archive was generated by hypermail 2b29 : Fri Apr 28 2000 - 22:12:25 PDT