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Gold/Mining/Energy : Waste Management Inc. (NYSE: WMI)
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To: gcrispin who wrote (83)6/14/2001 9:34:12 AM
From: Wyätt Gwyön  Read Replies (3) of 97
 
Hi gcrispin,

i still like WMI a lot and try to stuff my trashcan every week to help the cause :) Briefing.com recently gave the Trash King a nice plug>>

Waste Management (WMI 28.36)
A turnaround story the market continues to warm up to as WMI is actively paying down its debt, helped by solid free cashflow that is expected to be $1 billion this year
Set a new 52-wk high last week on above-average volume and penetrated a key resistance point at 28.50 that had been established in Jan.
Being a provider of waste management services, WMI benefits from understanding that it should do well regardless of economic conditions
Acknowledged on May 18 that it will take some work to meet the FY01 consensus EPS estimate of $1.36, but maintained that it still expects to meet that forecast
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