EUROPEAN STOCK MARKETS INCREASINGLY INFLUENCED BY INTERNET GROWTH.

• Position: Industry Trend or Event - Brief Article

The Internet is set to claim more than 100 million users in Europe within four years, and will profoundly influence the performance of European stock markets over the coming years, according to a study published on June 25 by the Morgan Stanley Dean Witter bank. Recalling how the Internet has had a spectacular impact over the past three years on the performance of American share portfolios, the study affirms that successful investment in European stock markets will increasingly depend upon a good understanding of the Internet and electronic commerce, and of the way in which they are transforming enterprises and industry. The study found that European Web users appear at present to have arrived at the same...