There will be a major consolidation of competing e-commerce web sites.
Many industries have far too many Internet players trying to grab slices of the same pie.
Many will be acquired, many will simply fold their tents . . . Prices for Internet-related stocks will drop, but will still be unjustifiably high. Investors will begin to realize that Internet paybacks are farther out than expected and won t be there at all for many high flying stocks. Prices will still be unjustifiably high, but not by so much as they are today. Many major companies will try to emulate Dell Computer s customer-driven manufacturing.