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Gold/Mining/Energy : Waste Management Inc. (NYSE: WMI)
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To: J.Y. Wang who wrote (44)10/29/1999 5:10:00 PM
From: Bryan   of 97
 
I really don't see much downside for WMI from here. A lot of people puked last Friday and drove the stock way down to unrealistic levels. I wanted to buy more, but finances didn't allow at the time. My original plan was to buy three lots and hold for at least 4 more reporting periods. With a lot of weak hands out of the way, there is no doubt in my mind that we'll see WMI back into the 20's shortly. If there really are buyout rumors floating around, then even better. You did well with your pick down near the lows, but I think there is much more room on the upside, and a dip back to $14-$15 is unlikely. JMHO, of course, as I am NOT a GURU.

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