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Gold/Mining/Energy : Waste Management Inc. (NYSE: WMI)
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To: CoffeePot who wrote (1)7/7/1999 3:41:00 PM
From: Jon Stept  Read Replies (2) of 97
 
Coffee Pot- re: "Anyone else think WMI is oversold here?..."

Hi Coffee Pot,

I am wondering the same thing.

I have also been monitoring some other stocks that have been getting beaten, like NEON. You seen that one?

Also, these stocks reported they will miss earnings- ali aw hcr ncs neon resp rsg si wmi.

I watched Oracle get oversold down below 20, and now it is back. But they did not warn, they reported and then disappointment followed.

I know I have to do some DD on these oversold stocks. Buying beaten down good companies is a great way to make money, but I am just starting to learn how to play it.

One place to start is to get an SI guru count... who is for, who is against. Another thing to watch is the analysts downgrades that usually follow.

Just my opinion.

Jon :)
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