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Biotech / Medical : 2000-Year of the Biotechs!

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To: Torben Noerup Nielsen who wrote (401)2/25/2000 7:50:00 PM
From: Arthur Radley  Read Replies (1) of 1142
 
Was interesting to watch certain stocks today and see how they reacted in the downdraft. I was able to add to my AZX holding as it sold-off and then rebounded for an actual gain for the day on increased volume.
AZX is not a biotech, but let me pound the table a little for this company. The next great shortage in this country(for that matter the world) will be potable water and water for irrigation. Just this week it was reported that the world temperature levels are increasing at the fastest rate in recorded history. This situation will only add to the growing shortage of drinkable water. If you want further and tragic anecdotal evidence that this is occuring around the world, it was reported this week that a man in a African country was trying to gain access to water at a watering hole and he was stoned to death...and get this! He was stoned to death by a band of monkeys that were trying to protect their water supply.

Here in Texas we are in severe drought conditions....and it isn't even summer yet.

Take a look at AZX's Madera Ranch Water Bank project in California. This is the "bread-basket" of much of our country's food supply and AZX has taken a major stake in the water supply for this area's farmers. And I think their recent announcement about their planned B2B business in trading water supplies has great potential.

IMO AZX is a buy for the future. I will admit that I have a sizeable holding(for me) in their stock.
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