SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : WAST - why so low? -- Ignore unavailable to you. Want to Upgrade?


To: T. Peirce Baker who wrote (343)7/15/1998 12:27:00 PM
From: Maximum_Gain  Respond to of 712
 
TP you won't find anything supportable here.

There have been two people who say WAST is worth $3.00 on paper. I have asked for some support of their claim. They have not, and most likely, will not respond.
This stock has been surrounded by so many hypesters it is unreal.

IMHO WAST is a deal under $1.00, if you think the company will stay in business. I base this on the HYPE cycles, not the company fundamentals. It was fallen before, it will rise again.

There are rumors of a financing deal out there that will rescue the stock price, and save us all. I remain skeptical at this point, there is just so much stock out there (including the warrants).

REO, watching, waiting, hoping.



To: T. Peirce Baker who wrote (343)7/16/1998 12:15:00 AM
From: CUNNINGHAM  Respond to of 712
 
With the numerous companies they have acquired and the estimated 500 million in revenues next year do you really think this should be a 1 dollar stock? There are companies out there that won't make a fraction of these revenues, that lose big money and have many many shares and trade in the teens.
Not to mention, the waste industry is only going to make more and more money as time goes on. That is a simple fact. In very laymens terms, getting rid of trash is going to become more and more expensive as time goes on. I'm not saying the stock is going to hit 3 over night but I definitely feel it is a good long term investment. If you are looking to make a fast buck maybe this stock isn't for you(although I do feel it will spike upwards soon due to a panic selling by many investors the last few days).
Thirdly on a very outside opinion, the latest news of one of their competitors Waste Managemnet going on strike may somehow gain them more business by picking up some new clients or in some other way.
These are my thoughts and opinions. I do not claim to be an expert stock analyst but I do know based on their future potential alone, this is no one dollar stock!!!!