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Author: sante06 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 4  
Subject: Re: BGC General cable Date: 1/12/2009 8:05 PM
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I am bullish on this company for the following reasons:

1. Obama or not, the nation's, and more importantly, world's, transmission grid is aging and new electric facilities are needed. BGC has some of the best cable technology in the world for utilities and telecom. I know because I buy it for such projects. Whether or not the US's grid is bolstered in the next few years, most of the international world will need more and more electrical grid capacity. BGC is diversified across the globe.

2. BGC has a very wide moat. Only one other global company - ALCOA - competes with it for the electrial cable market. 3M Corp. also offers some electrical grid cable technology but their cables are very uneconomical and they don't offer the selection that BGC does.

3. BGC makes some of the best underwater cables. As developing nations grow and grow, many of which are islands, they will need access to electrial power. Most of the Carribean islans, for example, are fed from an island with generation and require and underwater cable supply for their electricity. For example, St. Marteen feeds most of the West Indies via underwater cables. BGC is at the forefront of that technology.

4. Electricity is new going away...and will NEVER be wireless.

sante06
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