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Bobwins

05/24/08 3:23 PM

#9465 RE: bunky #9464

In the total scope of the infrastructure buildout in China, I am not sure this disaster will materially affect spending. They are doing things on such a big scale, this one city will probably gets lots of attention and help but whether it's big enough to budge the needle on overall construction is questionable. I am still banking on the long term nature of freeway construction, bridges, dams, power generation plants, utilities to power growth in China for the next couple of decades. Won't be smooth but the uptrend will be powerful across many sectors. Over a billion people need services, facilities and infrastructure to live, work, commute and improve their lifestyle. Massive growth on a scale never before seen on earth. Multiples of what drove the US economy after WWII. Bobwins
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lbas

05/24/08 4:14 PM

#9466 RE: bunky #9464

OT XIN is a stock that could possibly benefit from the reconstruction. It has sold off slightly on the earthquake news but company has said that there was no damage to any of their projects. Good financials. I have a long position in XIN.