Industry & Services >> Sector Roundtables >> August 28, 2000

Roundtable Forum: Water Industry

Timothy M. Winter, Vice President, joined A.G. Edwards in 1991. Mr. Winter holds a Master's degree from the University of Notre Dame. A Chartered Financial Analyst, Mr. Winter has been a Wall Street Journal All Star Analyst (for both stock picking and earnings estimate accuracy), recognized in the annual Reuters Survey as a top analyst in the electric and water utility industries and is a member of the St. Louis Society of Financial Analysts. He follows electric and water utility stocks. Profile
NEIL BERLANT is First Vice President and Managing Director of the Water Group at The Seidler Companies Incorporated. Since 1968 he has been continuously involved in the investment banking industry, either as a principal, officer or Founder of several firms. He has been a speaker at conferences on topics ranging from financing to business and investment opportunities in the water industry and is quoted frequently in many newspapers, including The Wall Street Journal, The New York Times, Los Angeles Times and Investor's Business Daily. Prior to joining The Seidler Companies in October 2002, he was associated with Wells Fargo Investments (1999 to 2002), PaineWebber Incorporated (1991 to 1999), Water Research Associates (1986 to present), Cantor, Fitzgerald and Company (1985-1986), the Amdec portion of Seidler Amdec Securities (1981-1985), Crowell Weedon and Company (1976-1981), Stern, Frank, Meyer and Fox (1972-1976) and Kleiner, Bell and Company (1968-1972). He received his Bachelor's degree in Finance from the California State University in Los Angeles. Profile
TWST: Neil, will you give us a framework for today's water industry? And

should investors take a global perspective at this point?

Mr. Berlant: Well, I'll take a second to redefine the notion