The legacy retailers are really waking up and going after the Net big time, so the competitive landscape has changed for the pure dot.com companies. Huge venture funds have been formed to help traditional companies create Web operations.

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Stocks that skyrocketed north in a fashion never seen before will plummet south in a fashion never seen before either. A lot of companies that don't have path to profitability or a leading position in their market will be shut down rather than receiving second or third rounds of funding.

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