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Old 14th September 2007, 08:22 AM
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Hollywood Reporter: May not have got it, but definitely on the scent

At the end of July, there were 785 million Internet users worldwide, just 11% of the population, according to JMP Securities analyst William Morrison, and that spells growth potential.

He says worldwide Internet usage is growing 9% annually while time online is growing 10%. Those numbers here in the U.S. are just 4% and 3%, respectively.

Therefore, he recommends investing in Internet companies with international exposure, particularly Asia, China and India.

Google fits the bill quite nicely, and the analyst rates its shares "market outperform." Of the seven companies he discusses in a lengthy report this week, only WebMD scores higher, with a "strong buy" recommendation....

http://www.hollywoodreporter.com/hr/...a3ee59834e530f




And this is why economics is very relevent!
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