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Amid mixed economic signals, the E-Business Barometer slipped to 19 in May, a 14 percent decrease from April. E-business stocks closed the month down slightly; merger and acquisition activity for Internet- related firms picked up. Job cuts at dot-com companies were down 24 percent from the record high set in April, although they made up a larger percentage of overall corporate layoffs than in previous months.
The E-Business Barometer gauges the health and direction of the e- business economy. Each month we focus on one segment of e-business; this month we look at the ASP (application service provider) market.
Major business-to-business deals and developments …