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

To: investmentpaysoff who wrote (28)10/13/1999 11:48:00 AM
From: Bryan  Respond to of 97
 
More people equals more garbage!

Right now my average in WMI looks like garbage. <lol>
But I'm not too worried as this is a long term hold for me. I have some real sympathy for the longer term investors that are in this stock even after the plunge. You have to always leave the door open to average down on large caps when things like earnings surprises rock the company stock.
I think things will be looking much nicer for WMI after several more quarters into 2000.

bk



To: investmentpaysoff who wrote (28)10/14/1999 12:34:00 AM
From: Larry Ricker  Read Replies (1) | Respond to of 97
 
Just remember that WMI will always be growing with the worlds population! More people equals more garbage!

Simplistic, unfortunately. Without good management WMI could tank even though waste volumes are increasing. That's the direction it's been headed lately. (Also, US waste production isn't directly proportional to world population.)


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