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Gold/Mining/Energy : Waste Management Inc. (NYSE: WMI) -- Ignore unavailable to you. Want to Upgrade?


To: CoffeePot who wrote (1)7/7/1999 2:57:00 PM
From: MichaelW  Respond to of 97
 
The market is punishing this stock.

Down 19 9/16 (15 min. delayed).



To: CoffeePot who wrote (1)7/7/1999 3:20:00 PM
From: Bob Rudd  Respond to of 97
 
I'm in, but wondering what exactly Deferred revenues and liabilities refers to in their financials...put the hurt on operating cash flow 1st qtr.



To: CoffeePot who wrote (1)7/7/1999 3:41:00 PM
From: Jon Stept  Read Replies (2) | Respond to 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 :)



To: CoffeePot who wrote (1)7/7/1999 4:21:00 PM
From: Bryan  Read Replies (1) | Respond to of 97
 
Just bought in @ 33 7/8. I think it's worth a shot. I'd rather put my money in a large cap stock that has gotten it's ass kicked on earnings warnings than gamble on a company with a "revolutionary technology" or "cutting-edge product" and no earnings or track record to support future shareholder value.

There may be some short-term consolidation in the $30's but I believe it will bounce back.

bk