Though he's not predicting that will happen anytime soon, he says something has got to give. There's got to be a return to rationality. More to Choose From While many say valuations are still way out of whack with profits and sales, criteria for judging the prospects of Internet companies are getting more sophisticated, and opportunities more varied. No longer is it a matter of picking one favorite in each of the broad categories like content and commerce, says Martin. At the current pace, the number of new Internet companies will have doubled by the end of the year, says Martin.
Companies compete on price, customer service as well as with the product or service offered.
People are gravitating towards the leaders in those categories. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. With the fourth quarter so strong, some tech companies may find it hard to maintain that kind of growth in early 1999. All rights reserved.