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INTERNET HANGOVER?

A senior VP at International Data Corp. predicts widespread consumer disillusion with the Internet: "We also believe the Internet and World Wide Web phenomenon will go from an intoxication stage to a hangover stage during the next two years. About 20% of the large firms will jump off the Web because the consumer demographics are not developing quickly enough. But just as those 30 to 35 companies jump off, another 175 will hop on. The growth in online subscribers will continue to be very strong, but there will be underlying high turnover rates as users who are underwhelmed by content on the Web cancel and turn on their TVs."
(Investor's Business Daily 10 Jan 96 A6)

From Edupage


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