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Gamers of the World |
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| A new book numbers the new generation that follows the older Xers and the Baby Boomers at 90 million. They represent what we’ve called the Millennial generation, plus a large proportion of the younger Xers. |
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Robots that Feel Our |
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| According to the International Federation of Robots, industrial robots are now a $6 billion a year market, and another $12 billion is spent annually on software and support systems for them.1 |
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China Is Going on a |
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| Earlier this summer, the China National Offshore Oil Corporation, known as CNOOC, made a cash offer of $18.5 billion to buy Unocal. It was a friendly offer, and since 70 percent of Unocal’s reserves are near Asian markets where CNOOC operates, it seemed to make sense to the company, which is owned by the Chinese government. |
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Multi-Core Processor |
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| The race for computer power and speed has been underway since World War II. It accelerated tremendously in 1971, with Intel’s introduction of the first microprocessor. Soon afterward, one of Intel’s founders, Gordon Moore, observed that price-performance was doubling every 18 months, and that trend became known as Moore’s Law. |
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You Can Safely Ignor |
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| As Milton Ezrati, Chief Economist with Lord Abbett & Company, noted in his December 27, 2004 commentary,1 many broadcast journalists are nearing apoplexy over the U.S. current account deficit. And quite a few investment managers seem to have the same malady. |
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