SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Internet Capital Group Inc. (ICGE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dawgfool who wrote (952)12/29/1999 10:30:00 AM
From: Todd DeMelle  Read Replies (1) of 4187
 
Hi Dawg,

If you don't mind, (I have never taken an economics class in my life), I'm just learning what the GDP *is*. Here's some of the info I've come across:

A good definition:
ingrimayne.saintjoe.edu

Actual GDP data:
enth.com

A couple thoughts and questions:

Why is it that you feel the GDP marks the outer limits of the arena in which ICGE operates?

The GDP is domestic only, right? What about the international market which is being opened up by the internet?

The GDP doesn't count the sale of second hand items. How much money are internet companies like eBay generating on the sale of second hand items?

The GDP doesn't count financial transactions such as the sale of stocks and bonds. Does this mean that the GDP doesn't include ICGE's revenues as it generates billions of dollars through IPOs?

The GDP only counts goods and services which pass through organized markets. What about circumstances where companies share and exchange information and resources like ICGE's holdings do? Certainly this generates value.

And finally, to sum up with a quote from Limitations of GDP statistics (http://ingrimayne.saintjoe.edu/econ/Measuring/GNP2.html)... "There can be very large measurement errors in our economic statistics."

I look forward to your thoughts.

Todd
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News