Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mark Marcellus who wrote (27740)	8/11/2007 4:51:19 PM
From: E_K_S	Respond to of 78710

Hi Mark - I was looking at other infrastructure plays but many of them have already had huge moves in the last 18-24 months. I hate to buy at the top. Pollution control is an area that may see growing demand especially from these countries that are installing new coal fired plants. China in particular will need this technology. It appears I am late to this theme too. FTEK is a US company that has some very interesting technology that allows coal burning generators to burn cleaner. money.cnn.com Their technology is used in the U.S. and there is speculation that China is interested. The stock is no value play, earns very little, revenue growth is actually down (YOY) but the company carries no long term debt. finance.yahoo.com Foster Wheeler is another name that came up that is in the same industry according to Yahoo. The stock is already up over 400% since 2005 but YAHOO shows a 15 forward PE. finance.yahoo.com They have had excellent quarterly revenue growth and only $3/share debt. I do not own any of these companies other than starting a position in ABB. finance.yahoo.com Their forward PE is 15, have only $1.00/share long term debt and are generating almost $2.00/share EBITDA. As long as business remains strong (according to last conference call they have 18 months backlog), they should generate higher profits. I will have to study MTW. It has had a huge run too, up from $10 in 2003 to over $70. I would have to agree with you that buying now is probably closer to the top of the current cycle than the low. EKS