Investors May Have Repudiated the Internet, but Consumers Have Not

(NYTimes): "'The Internet may not be doing so great on Wall Street, but it's doing great on Main Street,' said Marshall Cohen, senior vice president for research at America Online. 'As far as the people who are online, they're using it more and valuing it more.' ... Various forms of micromedia, largely unthreatening to the likes of AOL Time Warner but growing nonetheless, have sprung up on the Internet as individuals become media producers."