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November 2000, Week 3

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Sender:
"Iowa Discussion, Alerts and Announcements" <[log in to unmask]>
Subject:
Setbacks for Monsanto and others
From:
Tom Mathews <[log in to unmask]>
Date:
Fri, 17 Nov 2000 01:00:35 EST
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"Iowa Discussion, Alerts and Announcements" <[log in to unmask]>
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Subj:         Forbes:  we're not Luddites anymore
Date:   00-11-16 14:08:31 EST
From:   [log in to unmask] (Laurel Hopwood)
Sender: [log in to unmask] (Biotech Forum)
Reply-to:   [log in to unmask] (Biotech Forum)
To: [log in to unmask]

from the Campaign to Label:

Consumer activism around the world against genetically engineered foods is
having a dramatic effect. The November 27th issue of Forbes magazine has a
cover article titled "Corporate Saboteurs." This article discusses how
activism against corporations is having major impact around the world.
Protesters range from young students to senior citizens. When discussing
genetically modified foods, here is what the article says:

"A few years ago biotech companies dismissed their enemies as Greenpeacers
and Luddites. Not any more. Now there's a widely supported moratorium on new
imports of genetically modified foods in Europe and a very similar sentiment
running through the middle of America. Protesters certainly caught Monsanto
flatfooted, lopping $8.6 billion off its market value, so weakening the
company it was forced into a shotgun marriage with Pharmacia. The attack on
Monsanto's seeds, coupled with the recent store-shelf panic over unapproved
corn, probably set back crop biotechnology a decade."

entire article:
http://www.forbes.com/forbes/2000/1127/6614156a.html

Tom's comments:

Forbes is a rather conservative publication. For the sake of life on earth,
let's hope crop genetic engineering gets set back much more than just a
decade.

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