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    • Sat Sep 27th 16:37 PM | Rating: 0 0
      Commented on:
      GE's Industrial Shift to China
      fran,

      Thanks for the headsup. To the extent that GE Capital confines it's lending to the "stuff" they make, it makes a whole lot of sense. I didn't think we have to worry too much about power companies not being able to pay their loans off. I have a fear however that GE Capital has involved themselves in some of the same shananigans as the Bear Stearns and Lehman crowd, like derivatives and credit swap defaults. Do you know anything about their exposure in this regard?
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    • Fri Sep 26th 16:04 PM | Rating: 0 0
      Commented on:
      GE's Industrial Shift to China
      GE's strength is in wind turbines; combustion turbines; nuclear reactors; power transmission and distribution, locomotives; jet engines; water technology and medical equipment. NBC and Universal Studios are an insult and dead money to boot. GE should sell them immediately. The financial arm is and will be a continuing albatross. It is worth pennies on the dollar. Shame on GE management for shifting the focus of the company from world class engineering and technology to finance and entertainment.
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    • Thu Mar 20th 19:21 PM | Rating: 0 0
      Commented on:
      Going Nuclear: 3 Indices, 1 ETF and Seeking Alpha
      Right on. Another approach is to try to access the nuclear power build out by addressing companies that are involved in the entire nuclear power spectrum---engineering firms, reactor manufacturers, equipment suppliers, maintenance services, low level radwaste disposal, in addition to uranium miners and fuel cycle suppliers. I like to look at each of these potential investment segments. There are some opportunities out there but these are limited by constraints (the need to go to foreign exchanges, avoiding huge industrial conglomerates whose nuclear busineess is a tiny % of the company, etc.) I have picked some stocks but I feel that it may be a long time before the market recognizes their potential. In closing, your insights are some of the best that I have found.
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    • Thu Feb 28th 22:10 PM | Rating: 0 0
      Commented on:
      GE: Nuclear Growth Galore
      Jake,

      The South African company that developed the SA version of the PBMR has actually been acquired by Westinghouse Nuclear which is now majority owned by Toshiba of Japan. However, Shaw Group of Baton Rouge is a 20% owner of Westinghouse. Their stock is traded on the NYSE (ticker SGR) which may be the only practical way to play the bright future of the AP1000. Another 10% or so of Westinghouse Nuclear was recently purchased from Toshiba by Kazatomprom -- an entity of the Kazakhstan government. Toshiba apparently pursued this deal to gain access to the very significant uranium reserves of Kazakhstan. I know of no current plans by Westinghouse to implement commercialization of the PBMR design although I hope they are feverishly pursuing this great concept. Maybe one of the other contributors can help on this.
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