Internet and dot-com companies
According to one expert “Strip away the hype, and at its essence the Net is a tool for faster, better communications” (Mandel and Hof 121). Many feel that the unrealized potential of the Internet is due to the fact that most view it as an alternative means of traditional forms of competition as opposed to a complimentary tool to enhance competition. While the Web has attracted millions of users, caused an explosion in technological investment, and resulted in a surge of productivity growth, E-tailing is still a minor portion of Internet revenues, technology orders have gone flat, and Internet stocks continue to rapidly decline. For this reason, the authors feel the Internet will have the most revolutionar

 

impact on communications-intensive industries.

The impact of the slow progress made by the Internet to live up to its revolutionary promises will have a major impact on businesses, consumers, and the economy. Investors will now be wary of investing in dot-com companies and Internet technologies with many companies failing and millions of dollars lost due to declining stock prices. Those who manufacture technology products will continue to see a decline in sales as new technologies emerge and old ones become cumbersome and obsolete. Further, even for those industries which will greatly benefit from further Internet and Web develop must rethink their strategies and policies in light of the fact that overnight riches from the Internet may be a thing of the past “Even in areas where the In

 
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    Some topics in this essay  
 
    Mandel Hof | Internet Web | SUMMARY Investors | E-tailer Amazoncom | mandel hof | BusinessWeek March | original promises | Rethinking Internet | slow progress internet | slow progress | rethinking internet | internet means | complimentary tool | internet technologies | dot-com companies | progress internet |  
   
 
 
 
   
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