He retired in 1993 after unsuccessfully challenging IBF Light Middleweight Title holder Gianfranco Rosi twice.
He lost the title in his first defense via a close decision to Gianfranco Rosi.
Waters fought for the world title three times during his career, losing to Gianfranco Rosi, Terry Norris and Simon Brown.
He challenged Gianfranco Rosi for the IBF light middleweight Title in 1994 in a bout that was ruled a sixth round technical draw.
Francesco Rosi | Gianfranco Rotondi | Gianfranco Ferré | Gianfranco Zola | Gianfranco Rosi | Rosi Mittermaier | Gianfranco Fini | Rosi Braidotti | Gianfranco Reverberi | Gianfranco Ferre | Gianfranco Sanguinetti | Gianfranco Pasquino | Gianfranco Miglio | Gianfranco Ghirlanda | Gianfranco Ferrè | Gianfranco Chiarini | Cohen vs. Rosi |