Monday, January 29, 2007 9:51:32 AM
main street that is, not wall street.
Was up visitng in our old stomping grounds in Orange County, and had to stop in our old Home Depot. Turns out they were remodeling a portion of the store - the lighting section and part of the electrical section were blocked off, and two new aisles were already open, with most of the shelves already stocked, and the rest of the displays set up and waiting to be stocked. The two new aisles were all set up for home networking - hdtv (and the equipment/stuff needed later for iptv), broadband/computers/networking, phone, cable, wireless security, centralized control and access of the home, appliances, computers, etc. from the internet. Most of what you need to do-it-yourself.
This was all stuff Bill Gates talked about two decades ago (and designed his Lake Washington home for), stuff that has been on display at CES a decade ago, and now is widely available in the mass retail market - first mainly at computer and custom home theater stores, then Best Buy, and now Home Depot.
Most of this stuff is hitting the early part of the adaption phase, the ramping part of the curve.
It's hitting critical mass.
And it's all good for this stock as well as some other related ones.
Oh, and one other observation from yesterday. Afterwards, stopped at our old Chipolte restaurant - mid afternoon. It should've been dead that time of day. Instead there was a long line wrapping around the inside of the dining area - at least twenty people long. And the people finally getting their orders at the front of the line were picking up large to-go bags, one after the other. The kitchen staff was working furiously, and everybody in line stayed there and waited patiently, to get their order - and people just kept coming in. Also, last Friday evening, it was packed - as always. Hmmmm, very interesting.
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