Christian website struggles in the online market

THERE HAS been a dramatic downturn in the fortunes of Christian Internet companies as stockholders become frustrated with the high price of Web operations and the low return on investments. CCM Update magazine reports that "Many (dot coms) continued for months and months spending capital as if future capital was certain." Following the layoffs of 30 employees at the beginning of January, Crosswalk.com closed its Nashville office on September 13th. CR

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