Meet the Street: Still Some Hope for E-Tailers Yet

Pie-in-the-sky Internet projections are long pass¿. But one new study released earlier this week indicates that the number of people who bought something online increased by 45% in the past year. And that is cause for some renewed optimism, says John Horrigan, senior research specialist with the Pew Internet and American Life Project, which conducted the survey.

John Horrigan Senior Research Specialist, Pew Internet and American Life Project

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Based on a poll of 1,500 people, the Pew Project, a nonprofit think tank based in Washington, D.C., estimates that the number of online purchasers grew from 40 million people in March 2000 to 58 million in March 2001. Pew is funded by the Pew Charitable Trust of Philadelphia, which funds studies into social issues. ...