He expects an industry making floating wind-turbines to flourish in about five years.
Mr. Joseph expects an industry price war that may benefit consumers buying personal computers, but that could cut into the profit margins of the chip makers.
Deloitte says it is expecting an industry growth rate of just 0.3%, as a result of factors including continued pricing pressure and a changing product mix by airlines.
"Barring a spike in bankruptcies or another leg up in unemployment, we continue to expect an industry cycle peak" in the first quarter of 2010, Citigroup analyst Donald Fandetti wrote in a note Wednesday.
Barnes & Noble expects an industry shake-out will come shortly, which will result in a consolidation of the physical book business, as there are increasingly fewer bookstore competitors on the market while other retail outlets (mass merchants, drug discounters, etc).
But perhaps no better could be expected from an industry that has proved singularly dim in its deviousness.
What else should be expected of an industry gone so awry?
It is to be expected that an industry will fight back when it sees its profitability endangered.
"There will be a lot of new capacity coming online, and we expect an overall industry slowdown around then," Matas said.
Many tourism officials said the industry expected an enormous number of family reunions to take place from Thanksgiving through Christmas this year.
