Power Hungry : Strategic Investing in Telecommunications, Utilities and Other Essential Services

by Conrad, Roger S.

• ISBN13: 9780471442950
• ISBN10: 047144295X
• Edition: 1st
• Format: Hardcover
• Copyright: 2002-01-18
• Publisher: Wiley

Summary

The only book focused on investing within the energy, communications, and water industries, Power Hungry offers a comprehensive look at the considerable opportunities arising from these industries. Along with providing one-of-a-kind investment strategies for investing in utilities and other essential services, Power Hungry provides a framework for readers to construct their own model portfolio of stocks, commission-free, so they can reap the rewards of a field with enormous profit potential. Established companies may no longer hold the lion's share of the marketplace, but this book corners the market on investing in these profitable industries.

Author Biography

ROGER S. CONRAD edits Utility Forecaster, a twelve-year-old newsletter from KCI Communications which has a subscription list of more than 20,000. He is also the coauthor of two other books.

Table of Contents

Acknowledgments.

Introduction.

CHAPTER 1: A Shock to the System.

A New Paradigm.

Deep Roots.

Electrics Take the Bait.

Wholesale Changes.

A Taste of Armageddon.

Industry Profile: Jonathan Gottlieb.

CHAPTER 2: The High Price of Power.

Help Wanted: Power Plant Builders.

ItÆs Gas, Gas, Gas.

Crisis of Confidence.

Industry Profile: Richard Osborne.

CHAPTER 3: Toward the Next Ma Bell.

The Rise and Fall of AT&T.

VailÆs Revenge.

Secrets of Success.

The Next Ma Bell.

Industry Profile: Jim Linnehan.

CHAPTER 4: The New Politics of Water.

The Muni Monopoly.

The Worm Turns.

The New Order.

WaterÆs Winners.

Diluting the Competition.

Industry Profile: Anton Garnier.

CHAPTER 5: The Foreign Invasion.

Going Global.

Back to the Future.

Why Go Abroad?

Managing Risks.

Winners and Losers.

Industry Profile: Dennis Bakke.

CHAPTER 6: TechnologyÆs Revolutionary Evolution.

RevolutionÆs Evolution.

The Wireless Evolution.

Paradigm vs. Prophecy.

The Next Re-Evolution.

Industry Profile: John Howe.

CHAPTER 7: Riding the Boom.

Scapegoat and Savior.

Energy Efficiencies.

Wires and Pipes.

Wired for Growth.

Water Works.

The WinnersÆ Circle.

Industry Profile: Nick DeBenedictis.

CHAPTER 8: Morgan, Mergers, and Money.

Empire Builders.

Back to the Future.

Picking Targets.

High Percentage Bets.

ConsolidationÆs Limits.

Industry Profile: Robert Fagan.

CHAPTER 9: Hidden Treasure.

The Story of Diversification.

Success Stories.

Finding Assets.

Hidden Minefields.

Industry Profile: Rick Green.

CHAPTER 10: Five Rules for Investing Success.

Rule #1: Buy for the Long Haul.

Rule #2: Be Your Own Analyst.

Rule #3: Diversify.

Rule #4: Never Sell on Bad News.

Rule #5: Reinvest Dividends.

Industry Profile: Lowell Miller.

CHAPTER 11: The Surest Return.

Safety First.

Preferred Option.

Uncommon Common Stocks.

The Ideal Income Portfolio.

Industry Profile: Goran Mornhed.

CHAPTER 12: The ConsumerÆs Guide to Utility Deregulation.

Buyer Power.

Villains and Victims.

Tip #1: Take Control of What YouÆre Paying For and Whom YouÆre Paying.

Tip #2: Organize Whenever Possible.

Tip #3: If You Believe in Renewable Energies, Buy Green.

Tip #4: Use the Internet for Information.

Industry Profile: Tyson Slocum.

AFTERWORD Making Change Your Friend.

APPENDIX 1 Utility Data Bank.

APPENDIX 2 Mergers.

APPENDIX 3 Glossary.

APPENDIX 4 Model Portfolios.

APPENDIX 5 For Your Information.

Index