Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: sante06 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 4  
Subject: General Cable will come alive! Date: 11/4/2008 11:20 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I have been in the utility industry for about 10 years, working for both major IOU's and consulting firms in the industry.

I currently work in the consulting industry and we are seeing unprecendented CAPEX projects being planned by major US utilities, some exceeding $100B in investment for statewide refurbishments of aging utility assets. A little reminder that most utility assets were constructed in major part during the 20s and 30s with added expansion in the 70s due to generation (nuclear & coal) coming on board; however, little if any capital was spent for 30+ years thereafter. We are now seeing the bubble pop and major capital investments to retrofit exhausted equipment are on the forefront on most IOU's balance sheets.

General Cable is positioned very nicely to capitalize on these ensuing investments and I have a very good feeling about this being a very positive investment for 5-10 years to come.

Bullish on ABB and EMR as well...

sante06
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement