Nonetheless, households with several computers will find subscriptions a good value, as one subscription is good for up to five Windows or Mac machines.
So his team is positioning the fund for the future by investing in telecommunications companies withgood cash flow - likely candidates to benefit from the convergence of telephony and computers.
The advent of tablet computers, along with behavioral and targeted advertising, will provide a good opportunity for content producers and advertisers to synergize from the creative destruction caused by the internet. (See Quiet before the Storm: Intel and AMD Dominate the Chip Industry Ahead of Tablet Showdown).