KLP - I don't remember you paying me for my investment advice, so this is just a favor I am doing to you, in return for which I expect a "thank you" rather than the "No you are wrong, because..." arguments. You can take my advice or leave it.
Two points on your comments:
1) Sales & profits of a company does not have perfect correlation with its employee count, as you seem to believe.
2) Software entertainment is the highest growth industry at present, and it has nothing to do with peripheral gadgets like HDTV. Revenues from video games surpassed box office revenues of hollywood films for the first time last year. With increased computing power on visual chips such as those of nVidia, games are more realistic than ever, and there is a very real trend that not only children but adults now prefer games for entertainment.
I have seen the figures for all of the above. It is your choice to take my word for it or not.
But in the past, the world had steel, timber, railroads and related transportation, commodities, automobiles, machinery and in the 20th century, technology, etc. Today, if those industries survive at all, they are generally maintaining their level if possible, not growing.
Yes, they are called mature industries. They all had their growth periods and have penetrated the extent of their usual markets. This is why they are hardly growing now.
Software entertainment, on the other hand, is an industry at the highest growth part of its life cycle. It has a long way to go until the penetration will be anywhere near that of a mature market.
Are there companies making the next building materials that are envior-friendly, innexpensive, safe, non-destructible in major wind, or earthquake damage, etc...
Are you asking me to do research work for you? Please consult your broker for such information. |
