| ITRI sells off-site monitoring solutions to utility companies.
Which is something that is way past its time.
Also, the margins should be high since many regulated industries make profit based off their capital expenditure.
Finally, its competitors all seem to be giant conglomerates, (let me know if you know anyone else specializing in this area), which i think makes them even more attractive. (obviously reasonable minds may differ on this point)
On the down-side they have had a long run-up already and i think they are a bit pricey right now. (30.36 on Apr 02 2002), i expect a small fall from there, but think this is an industry that is clearly a wave of the future and this company in particular is one to watch