This quote is pulled from Philip Fisher's book " Common Stocks and Uncommon Profits". It is amazing to hear what he is talking about being that it is 1956, not 1996!
"One potential development, color television, has possibly been overdiscounted by the general public. Another is a direct result of transistor development and printed circuitry. It is a screen-type television with sets that would be little different in size and shape from the larger pictures we now have on our walls.
Yes, he is speaking of flat screen TV's. The company he is talking about is Motorola. Amazing.
Happy Trading and Investing!