MMM will go UP
$100.00 on 7/29/09
$83.67 (18.71% from time of market call)
These guys do everything
They have 55,000 products, 40-plus core technologies including Home and Leisure, Office supplies, Safety Security and Protection Industry, Transportation Industry, Health, Electronics, Electrical, and Telecommunications the list really does go on and on. See here for more detials http://solutions.3m.co.uk/wps/portal/3M/en_GB/Products2/ProdServ/
But what I want to discuss is this http://biz.yahoo.com/bw/080728/20080728005101.html?.v=1
Its basically a conductor for power transmission, but its currently the best in the world at what it does, It allows utility companies to ramp up output without the need to build larger transmission towers thus saving serious money, the point I'm so excited about it that China has a lot of power stations and is currently building them at an astonishing rate, now that Chinese companies have started using the 3M ACCR because they realise the cost benefits I'm sure we will see major inroads into other areas, because as we all know 3M does everything. They get the foot in the door and they start selling everything imaginable, sort of like an annoying salesman you cant get rid of but in this case its a good thing.