Some of Taipan Group's predictions II
Technological breakthroughs from the war on terror: Some companies will get a lot of the extra $400 billion approved for Homeland Security. Companies that market biometrics checks, retina scanners, face recognition, shipping-container scanners, stun guns, battle-ready laptops and so on.
The money invested in these techologies can spill over other areas and create advances in medicine, consumer products. The same innovations in the military field can benefit the consumer market. Remember the Internet was originally an idea from the Pentagon.
[My own bet on this scenario is on TASR (Taser). They sell stun guns that cause an effect similar to cramps in all the muscles of the body. I think that, eventually, this will be adopted by all airport security and police departments. The other stock would be XYBR, the company that makes a wearable computer for soldiers.]