CiCi’s Pizza franchise owner: I had to sell my business because of ObamaCare

It is obvious you do not understand the concept of what a growth cycle is and what a maturing/declining cycle is.

You can have sales growth and still be a declining/maturing company.

I know about the changes in technology with Lasik, but none of these improvements will be a growth driver..meaning that will take the industry from a mature, stable industry to one experiencing quarter over quarter, year over year growth AND margin expansion.

Its ok, nobody is an expert at everything..you obviously do not understand the concept as you gave Walmart as an example of a growth company.

Maturing...

And yes many of the companies in the DOW are maturing companies..their growth cycles are slowing.

Why are you acting like it is some negative thing to say that companies are in mature stages of their life cycle?

How about throwing out companies like Microsoft and Cisco..

Its ok 14..you dont have a handle on this topic, its not the end of the world..

Uh, no I didn't.

It is obvious you can't keep your story straight. See, in post #77 you said Lasik is a "nearly dead" industry. You then described it as a "dead industry"

Now, you have to shift to the "growth cycle" because, well, you were spectacularly wrong that the industry isn't growing, and technology isn't improving.

Par for the course.

So they are in dead industries, then, right?

I bet you would have said they were dying in 1987.

It is growing, but that doesn't mean it is in the "growth cycle" and it certainly isn't dying. The "mature" cycle of a company is the norm, as we see by looking at the DOW. 

I'd also add that we see from this chart Walmart is both "mature" and growing 

You are mixing the issues. IBM is an awesome example of my point. IBM has gone through several growth cycles. You can tell by what their relative growth rate is and associated PE ratio to determine where they are in their cycle.

Lasik would need a momentum shift, a new avenue for growth to return from their maturing current stage back to growth. And yes if you are not growing in the business world you are dying. Walmart is also in  imilar state

Walmart's EPS has never been higher.

Margins, growth rates are the concept, not their total profits.

The profits could be at a high and still not be considered in growth cycle.

Evaluate their year over year growth rates, their margins and future growth rates. I guess you do not understand this concept. Its ok really.