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

To: Bryan who wrote (55)11/10/1999 11:35:00 AM
From: lebo  Respond to of 97
 
The worst is over. New CEO looks good on paper. Lets hope he can get WMI back on its feet.



To: Bryan who wrote (55)12/9/1999 1:42:00 PM
From: zebraspot  Read Replies (1) | Respond to of 97
 
>>However, as the economy
turns (and it will), the smart money will flow into the companies [like WMI] where the
revenues will remain constant in a lackluster economy.<<

This is kind of a Wall Street legend that is not at all accurate. A bad economy translates into lower waste volumes on the commercial side. The general belief that garbage is non-cyclical has been proven wrong in the past couple of recessions.


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