I'll tell you what's been doing very well: toy and video game companies. Instead of flying to see grandma and grandpa this year, people are planning to stay home and maybe spend a little more money on the kids.
Lots of companies talk about having a long-term focus. At Liberty, they really do.
We are studying their ruling and looking for clarification.
To use a car industry analogy, it would be the same as Ford saying it is no longer producing an internal combustion engine. It's really that revolutionary. Film is done. Digital rules the world now.
The days of sitting at a little desk writing an essay in pencil are fading away.
It's more likely than not that they will reach a settlement.
Video game stocks are going to continue to be very good performers because there's a lot of new hardware platforms coming out.
There's a danger that they simply disappear, and the ability to work with them and help address problems gets lost.
They know their customers better than any casino company in the world, and they know the boomers are coming.
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