This is a quote from a CNET article about Altavista and other Web sites layoffs. Note the fast growth of MSN - one of LOOKS largest customers! The scramble for cash among smaller Web companies comes as
portal front-runners Yahoo, America Online and Microsoft's MSN appear to be growing their already large shares of the market.
Forrester Research said that the giant Web portals saw 15 percent of all Web traffic during 1999, while the remaining portals--Lycos, Excite@Home, Go.com, NBC Internet and AltaVista--combined for 5 percent of Web traffic. Forrester predicts that the top three portals will gain even greater market share in the future.