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The Pacific Rim sales forecast Pr was great yesterday, but reading closely I was quite impressed with the following....
In the last decade, the Japanese government has granted over $100M in aggregate R&D funding to their leading international manufacturers to develop personal robots suitable for eldercare. Sources within the Japanese government project their domestic market to range from $26B in 2010 and to nearly $70B by 2025 for personal robots.
The Japanese are always recognizing what needs to done now for the future- we saw that with the auto industry.
Having said that, the way this stock rebounds after dips, is amazing and I am taking advantage
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