lt cap,

The Accenture report certainly seems to equate the digital revolution about to occur about on a par with aspects of the industrial revolution. Since we don't know when that'll occurr (the telecoms seem to be consistenly ingenuous about finding ways to squeeze every last drop out of the current equipment,) Of course, 'when' is not something that can be accurately predicted, more like the Heisenber's 'uncertainty prinicple' in which one can assign probabilities but not precise locations or values. So, waiting is the only game, if you want to be/are already in the game. Still $500 bln isn't chump change. 

It pains me in  a minor way that I sold just about all my INFN at $8.50 and it seems to be rebounding, relatively speaking. I'm considering depolying that cash into CSCO, if I dare being even heavier in the sector. Nice dividend - a bit 'Intel' like, but CSCO is no INTC, and could crash and burn. Speaking of chips, I glaced and saw AMD at around $10 recently. We didn't have enough patience, lol.

Something that nobody has mentioned in a long time is this: Is the market overvalued, given it's at the pinnacle of forever so far? I haven't been right about stocks since QE started, so I'm no wiser now. I can speculate that the 'Trump rally' will beat a fast retreat when his 'no plan is a plan' starts to get applied to serious situations - esp. ones involving international issues. I haven't seen the 'metrics' on valuation, but it feels awfully toppy to me.  But I can, and have been wrong.