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To: Trader X who wrote (9288)	10/30/1997 11:48:00 AM
From: Steven Messina,L.M.T.	Read Replies (2) \| Respond to of 17305

Kev, if you have a few moments, I'd appreciate your technical analysis on VCAI. I've been daytrading her but it looks as if she will continue on her slow but steady journey upward. Looks like a keeper for the mid-long term...FUNDAMENTALLY, that is. thanXXX steve Up .54 on her so far...within an hour or so...made an average man's day's pay (garbage man of Jeff Mitchell-like type)....whoa!!...just kidding. PUT DOWN THE GUN JEFF....NICE AND EASY...I'LL BUY SOME ALYD IF YOU DO.

To: Trader X who wrote (9288)	10/30/1997 2:43:00 PM
From: Robert F. Newton	Read Replies (1) \| Respond to of 17305

Kevin: Speaking of garbage - One of your favorites.......... NEW YORK -(Dow Jones)- Wall Street turned thumbs-down on Waste Management Inc. Thursday after the troubled waste giant said late Wednesday that Ronald T. LeMay resigned as chairman after only three months on the job. The Oak Brook, Ill., company also said its senior vice president and chief financial officer, John D. Sanford, was resigning to become chief financial officer of CDI Corp. Sanford was appointed chief financial officer in February. James E. Koenig, an executive vice president, also would leave the waste company. Robert S. Miller, an outside director, was named acting chairman and chief executive. The resignation of LeMay, who was hired after a long search to turn the company around, shocked investors. Waste Management officials wouldn't explain why LeMay bolted from a job that had promised him one of the richest executive pay packages in U.S. business. At midday Thursday, Waste Management shares (WMX) were down $5.375, or 19%, at $23.625, after setting a new 52-week low at $22.375. The old 52-week low of $25.875 was set Tuesday. Volume of more than 13 million shares made it the most-active issue on the New York Stock Exchange. Wall Street was awaiting with great anticipation LeMay's plan for restructuring the waste giant. He was expected to unveil his plan in November. LeMay also had earned praise from many analysts as well as dissident shareholders such as Soros Management and Lens Inc. LeMay will return to Sprint Corp., assuming his former job as the No. 2 official of that company. Among Wall Street firms, Merrill Lynch lowered its long-term rating on Waste Management to "neutral" from "accumulate," while Goldman Sachs lowered its rating to "market performer" from "buy." Smith Barney downgraded the stock to "market perform" from "outperform," and Oppenheimer lowered its rating to "underperform" from "buy." Donaldson Lufkin & Jenrette Securities analyst Marc Sulam cut his rating to "underperform" from "market perform," saying Waste Management may be paralyzed until a new chief officer is found. Copyright (c) 1997 Dow Jones & Company, Inc. All Rights Reserved. Transmitted: 10/30/97 12:21 (hotstock) Potential Dead Cat Bounce Play??????????