I have wanted to write about the electronics sector. I ended up reading all 4 sectors, I even read the earliest AR available, AR 2000. Looking ST engineering, my thoughts go through a state of flux. (Blogging about it, I hope helps) 1) Why not do some financial engineering, and spin off 1 or 2 sectors? Now, I realized the amalgamation of the 4 sectors since 1997 is a strategy to gain Snergy and Mass to expand and gain foothold into new market. For example, the aerospace sector bought training school, electronics sector develop the software.They are successful in US, they have a foothold and subsidiaries in many countries, but I am still unsure if China and Europe can be the next "US". 2) It is not a stalwart, it is a grower. Looking at the last 15 years, it is a multi-baggers in both top line and bottom ......