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Strategies & Market Trends : WAST - why so low? -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (405)3/7/1999 2:03:00 PM
From: jmhollen  Read Replies (1) | Respond to of 712
 
Fellow WASTer's,

If you, like me, bought into WAST because you appreciated the concept and potential of such an operation, it is my sincere hope that you can afford to "hang in" - come hail or high water. "Darkest before the dawn.." and all that, aye!

O/T suggestion:

If firms providing "..environmental solutions.." are meaningful to you, an investment in Nathaniel Energy Corporation (NECX) may be of interest - while WAST is in the process of getting it's "poop in a group".

NECX has fully developed a process for recycling old tires into fuel oil, carbon black, high-strength steel, and misc. constituents. They have operations running in Colorado, which has stiffer environmental emmissions regulations thn L.A. The process is also able to produce salable co-generation power in excess of its own needs. See the NECX threads on SI or RB.

I think that WAST and NECX would make a dam* good JV partnership, since tires in landfills are one First-Class volume and health headache nationwide. Secondly, co-generation operations are really slick, as power is usually used onsite (or by a close neighbor) which reduces transportation costs and highway congestion (direct cable or power grid vs: trucks).

Regards,

John :-)