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Online Spending Meets Expectations for Thanksgivin

Most e-commerce web site owners breathed a big sigh of relief after last weekend's anticipated online shopping frenzy, having finally assured themselves that their servers could handle heavy traffic after crashing last year. According to this Yahoo news story, AOL estimates that online spending was more than three times higher than just one year ago, giving a testament to how fast the Internet is growing. Impressed stock market traders showed their satisfaction, and stock prices for online retail companies soared when trading resumed. It looks like a great season for e-shopping!

Tue, 30 Nov 1999 17:57:54 -0800

Submitted by: Krissi Danielsson