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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?

To: Michael Calderon who wrote (3670)	6/7/1999 5:50:00 PM
From: Gerald Walls	Respond to of 15145

Surprizingly, Azurix is the "IPO of the Week" at IPO Pros ipo-fund.com and is rated a "5" at IPO Edge quote.com Here's what IPO Pros has to say: Azurix - AZX Don't expect our IPO of the week to be the top performing new issue short term. It is a big company offering a large number of shares in a fairly unexciting industry. Longer term, the prospects for Azurix are excellent. Currently, the company provides water and wastewater management services in Southwest England, Seattle and Ontario. But the company is one of a select few aggressively bidding on global privatization contracts. Since many countries around the world are privatizing their municipal water facilities to cut costs and to meet increasingly stringent regulations, the growth prospects for Azurix are very bright. With experienced management and strong backing from its parent Enron, the company should prove to be an excellent long term investment. Perhaps this might be one to watch post IPO.