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Caught In The Web

The Internet bug has hit the home office, and there's no end in sight.

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This story appears in the February 2000 issue of HomeOfficeMag.com.

Internet penetration for home offices and small businesses with five or fewer employees rose from 7 percent in 1996 to 48 percent in 1998, and should top 80 percent by 2002, according to a new report from Cahners In-Stat Group, a leading industry research firm.

SOHOs, which constitute the majority of small businesses, spent roughly $3 billion on Internet technologies and services in 1998, the company reports. In the future, these businesses plan to make Internet-related investments in equipment, high-speed access and applications, says Kneko Burney, director of markets and computing for Cahners In-Stat Group.

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