IDC: Internet stocks to face more scrutiny in 2001

According to the research company's annual predictions report released today, the April 2000 internet crash has sobered investors and stock market analysts and it could be years before market euphoria drives internet stocks back to the high valuations seen last year.

According to IDC, last year's tech stock and IPO frenzy was driven by scarcity rather than the potential to create actual gains.

Although IDC predicted there will be less interest in internet stocks, the research company said there will still be start-ups and there will still be IPOs.

"But the criteria for investing and for taking them public will revert to the old rules," IDC clarified.

"Criteria like operating histories, consecutive quarters of profit, and long term fundamentals will apply once again."

Despite the expected drop in interest in internet stocks, IDC predicted that investment in e-business will not falter. New records will be set in different markets including wireless m-commerce, internet commerce and Web users and bricks and mortar companies will continue to drive e-business growth.

According to IDC, internet commerce in the Asia Pacific has the potential to generate over $18 billion and web users will exceed 59 million.

Other key findings in the IDC report include:

a predicted slowdown of markets in Southeast Asia and South Korea, driven by economic and political forces

continued hype around mobile commerce and internet connectivity

the application service provider (ASP) market will begin to gain ground, but will still be shrouded in more hype than reality

CRM applications and internet security solutions will be hot

Consolidation in the form of mergers and acquisitions will continue with cash starved dot coms, services firms and service providers all targets for acquisitions

IP Telephony revenues in Asia Pacific will double

Peer-to-Peer computing will become the new buzzword, but will face challenges especially from corporates.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Luisa Bustos

PC World
Show Comments

Essentials

Lexar® JumpDrive® S57 USB 3.0 flash drive

Learn more >

Microsoft L5V-00027 Sculpt Ergonomic Keyboard Desktop

Learn more >

Mobile

Lexar® JumpDrive® S45 USB 3.0 flash drive 

Learn more >

Exec

HD Pan/Tilt Wi-Fi Camera with Night Vision NC450

Learn more >

Audio-Technica ATH-ANC70 Noise Cancelling Headphones

Learn more >

Lexar® JumpDrive® C20c USB Type-C flash drive 

Learn more >

Lexar® Professional 1800x microSDHC™/microSDXC™ UHS-II cards 

Learn more >

Budget

Back To Business Guide

Click for more ›

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?