|Share market Power, uel 22/3/00
UEL Share market Power
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Every year there is always a group of stocks that become market darlings.
This year (and last) it has been the Telco's. But once the future two
years on so potential is marked into the stock, speculator attention will
refocus elsewhere. Here is what could be the next one. Infrastructure
stocks. You cannot send water gas or electricity down the phone line or
through the air. But what if you could do the reverse: send data (or
voice) over the power lines?
Veba, a German power utility believes it can, ie send data down its power
lines. Now this could revolutionise electricity and water companies and
allow then, leveraging up of their existing infrastructure to alternative
uses. Watch this. Charts to watch over the next 12 months: In the US
Nortel Networks. In Australia, AGL, United Energy and similar companies.