Issues in the management of library collections of electronically delivered information are discussed, focusing on the library at Troy State University (Alabama). Because of the library's selective depository status, expensive compact disk-read only memory (CD-ROM) products are received, which the library could not normally afford. At the Troy State library, English is the primary language, with some foreign language resources included. The library has chosen to purchase products that allow cost-effective delivery within collection criteria, rather than emphasizing replacement of paper indexes with electronic indexes just for the sake of change. The following are four major criteria in choosing electronic products: (1) majority decision of the collection management committee or approval by the Dean; (2) interdisciplinary and broad-based focus; (3) potential for full-text delivery; and (4) heavier weight given to documents with potential for delivery by the Internet. Additional criteria include ease of use, including search capacities, and reviews in professional publications. Once purchased, products are subject to on-going assessment. When a strong base of electronic products is in place, the university must work to allow for replacement of obsolete materials. (SLD)