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Charles Schwab & Co., Inc.
Internet Daily for Wednesday, May 23, 2001 by Frank Barnako CBS MarketWatch.com ----------------------------------------------------------------- Quirks in Web medical advice A study conducted for the Journal of the American Medical Association found information available on health-related Web sites is poor and inconsistent, although generally correct. Locating pertinent information through search engines is not easy, and available content is often difficult to comprehend, a JAMA article also reported. The accuracy of information ranged from 75% to 91%, the study found. The range for Spanish-language content was 63% to 96%. "Our results suggest that consumers using the Internet may have a difficult time finding complete and accurate information on a health problem," the report said. All of the English-language sites had material that required at least a 10th-grade reading level. "Even if wider access to computer technologies narrowed the digital divide, the online health information currently available would be difficult for many people to understand," the Journal report added. ----------------------------------------------------------------- AOL users' purchases rise 70% America Online reported its members made $6.7 billion worth of purchases online through its service and other Internet sites in the first three months of this year, 70% more than in the period a year ago. The figure was also greater than the $6.4 billion spent by AOL members during the last quarter of 2000. The fastest growing purchasing categories over the last year were furniture at 239%, theater and sporting tickets at 147%, clothing at 144%, and groceries at 106%. Almost three-fourths of AOL's U.S. membership, nearly 17 million members, now shop online, according to data from Ascolese Associates, an Arlington, Va.-based market research firm. A bullish prediction for global online sales was also issued Thursday by IDC, a research firm in Framingham, Mass. It expects nearly 1 billion people will use the Internet by 2005 and spend $5 trillion online. "It's easy to lose sight of the explosive growth in Internet usage and commerce taking place below the surface,'' said John Gantz, IDC's chief research officer. "More than 100 million new users come onto the Web every year, and corporate volume purchasing over the Web is just getting cranked up." ----------------------------------------------------------------- Online bettors pony up $2.6 million Youbet.com Inc. announced it processed a record $2.6 million in total combined bets for the week ended May 19, 2001, with $700,000 on Saturday alone. "Our subscribers wagered on the Preakness Stakes, one of horse racing's most exciting events," said Ron Luniewski, executive vice president. ----------------------------------------------------------------- 'Pearl Harbor' spurs Lycos search The Walt Disney Co.'s Memorial Day weekend release, "Pearl Harbor," is making its mark among Terra Lycos visitors using the site's search tools. The film is the 27th most popular topic, and the top movie on the Internet, said Aaron Schatz, who writes a daily report about Lycos searches. World War II is currently at No. 19 on the list, its highest position since Lycos began reporting its search data in September 1999. "Wars are always popular study topics online in schools during the springtime, but Web interest in World War II is particularly high this year, Schatz added. ----------------------------------------------------------------- Bush plans Web site redesign A dozen people are reportedly working to redo the Whitehouse.gov Web site. "We've added a good deal more streaming media with each passing week," White House spokesman Tucker Eskew told Wired News, as he responded to criticism that the site is little changed from its debut design nearly 7 years ago. "The site will be dramatically improved within a matter of weeks," he added. ----------------------------------------------------------------- BBC moves shortwave broadcasts to Web The BBC World Service will end shortwave broadcasts to North America, Canada and some of the Pacific region at the end of June. The news service will try to reach those listeners using the broadcaster's already-extensive Internet site. "What we are not doing is saying shortwave is dead," Jerry Timmins, head of the Americas region for the BBC World Service, told the Los Angeles Times. "The vast majority of our listeners still access us on shortwave. But a shift is happening, no question about it." Other international broadcasters including the Voice of America and Swiss Radio International have also reduced shortwave programming, saving millions of dollars. ----------------------------------------------------------------- For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com/ ################################################################# Log in using the links below to: Access your account: https://investing.schwab.com/trading/start?SANC=CCBodyi&NeedCASelValue=Y View your Email Alert customization options: https://investing.schwab.com/trading/start?SANC=EAMyAlerts Perform research or request a market quote: https://investing.schwab.com/trading/start?SANC=Quotes Place a trade order: https://investing.schwab.com/trading/start?SANC=TradeStock To visit Schwab's home page, use this link: http://www.schwab.com/ ----------------------------------------------------------------- To unsubscribe or modify your Email Alert customization options, log in using the link below or copy and paste it into your browser's address window: https://investing.schwab.com/trading/start?SANC=EAMyAlerts Now you can receive graphics Email Alerts in HTML format, using helpful, full-color graphics and active Web links that connect you directly to information you want. Use the link below to log in and change your email format preference: https://investing.schwab.com/trading/start?SANC=EAEditEmailAddr ---------------------------------------------------------------- Notice: All email sent to or from the Charles Schwab corporate email system may be retained, monitored and/or reviewed by Schwab personnel. (1000-8752) Copyright 2001 CBS MarketWatch. All rights reserved. Commercial use or redistribution in any form, printed or electronic, is prohibited. Distribution by Quris, Inc.
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