Ontologies Come of Age -- "In this paper, we will discuss ontologies and requirements in their current instantiations on the web today. We will describe some desirable properties of ontologies. We will also discuss how both simple and complex ontologies are being and may be used to support varied applications. We will conclude with a discussion of emerging trends in ontologies and their environments and briefly mention our evolving ontology evolution environment." (Comments: Via Noise Between Stations.)