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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Carl Worth who wrote (25834)1/27/2007 1:48:10 PM
From: Sober  Read Replies (2) | Respond to of 78710
 
Thanks for the reply on HTE. In it you mentioned t. boone pickens and that brought another question to mind.

I recall seeing him on the Charlie Rose show quite a few months ago, and he seemed to be suggesting that water was going to become the new "oil" of the future, and that he was moving in the direction of securing water rights somewhere, and building a very large water pipeline.

Have you heard anything about such matters, and has he formed any kind of company to engage in water development? I have been watching SWWC (southwest water company) for about a year, but still do not see any fundamental change in the stocks pattern.

It seems that water might be a good bet into the future, but hot sure how best to add water to my long term portfolio.

Sober