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Re: lowman post# 4208

Wednesday, 10/27/2010 11:57:45 PM

Wednesday, October 27, 2010 11:57:45 PM

Post# of 10165
I agree with the premise that dilution is beneficial when it is used to build up the company not pay for Armani, and BMW.

The business model here is sound. Netmetix and Silvertec has alot of potential due to internet based companies now make up over 7% of the UK's GDP. here is a news story.

This article has no restrictions on reproduction or distribution..

U.K. Internet Economy Worth GBP 100 Billion a Year, Finds Landmark Report Wednesday, October 27, 2010 8:02 PM

Oct. 27, 2010 (Marketwire) --

LONDON -- (Marketwire) -- 10/27/10 --

The Internet economy now represents 7.2 percent of U.K. GDP, more than construction, transport, or utilities
The United Kingdom ranks first in e-commerce and exports £2.8 in e-commerce goods and services for every £1 imported
There are 250,000 U.K. jobs in Internet companies
Small and medium businesses that are high-Web users experience higher growth and more international sales than those that do not use the Internet
A report by The Boston Consulting Group (BCG) has identified for the first time the value of the Internet economy in the United Kingdom. The report, titled "The Connected Kingdom: How the Internet Is Transforming the U.K. Economy," reveals that the U.K. Internet economy contributed £100 billion in 2009, representing 7.2 percent of U.K. GDP -- more than construction, transport, or utilities. The report finds that this share is likely to grow by about 10 percent annually, reaching 10 percent of GDP by 2015.

Around 60 percent of this total is driven by "consumption" -- the amount that Internet users spend on online shopping and on the cost of their connections and devices to access the Internet. The remainder comes from investment in the United Kingdom's Internet infrastructure, government IT spending, and net exports.

The report was commissioned by Google UK but was researched and written independently by BCG. The size of the United Kingdom's Internet economy had not previously been widely studied, and the aim of this report is to address this knowledge gap regarding this growing sector of the U.K. economy.

United Kingdom succeeding internationally

The report finds that the United Kingdom is now the world's leading country for e-commerce and that U.K. businesses are using the Internet to expand their sales overseas. The United Kingdom is now a net exporter of e-commerce goods and services, exporting £2.80 for every £1 imported. This is the opposite of the trend seen in the offline economy, which exports 90p for every £1 imported.

In order to measure the reach and depth of the Internet in the United Kingdom -- and to make comparisons with other countries -- BCG created an international "e-Intensity Index" covering the nations of the Organisation for Economic Co-operation and Development (OECD). Overall, the United Kingdom ranks sixth, scoring similarly to the Netherlands, Norway, and Finland and better than Germany, the United States, and France. The highest-ranked country is Denmark.

A regional e-Intensity Index showed similar variations within the United Kingdom. London emerged as the leading region, followed by the South East and the East of England.


link: http://www.istockanalyst.com/article/viewiStockNews/articleid/4618031

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