The explosive growth of Internet commerce has captured the public's imagination. It's not hard to understand why.
No small part of the public's fascination with the Internet is caused by the vast fortunes that it's created. People are making money, and lots of it. According to a recent study funded by Cisco Systems, the Internet economy is projected to reach $507 billion in the year 2000 (see
http://www.internetindicators.com). E-Commerce is already generating more money than the telecommunications and the airline industries.
eBay, a company started less than five years ago by a man trying to find a more efficient method of selling his wife's Pez dispensers, recently bought Butterfield&Butterfield, a 135 year-old ...