I heard about a new device, an electric cigarette on the radio recently, so I decided to look them up. I was curious what there was to this story since I have some investments in the tobacco products industry - could this device bite into the profits of the companies I own shares in?
I'm really not sure. The device, which looks like a cigarette, simply gives the "smoker" little puffs of nicotine laced vapor. There's no smoke, no odor, and maybe even no problem with using this in places that are posted against smoking. They can satisfy a smoker's cravings while not delivering the tar and whatnot of real tobacco.
But will these replace regular cigarettes? My guess is that they will not. Instead, I am guessing that e-cigs will become an additional accessory in a smoker's pocket - real cigarettes for one's enjoyment, and an e-cig for those times when one is in a place where smoking is not allowed. I'm thinking that my tobacco investments are safe.
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