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Waste Management, Inc. Message Board

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  • howshrewdcanibe howshrewdcanibe Oct 26, 1999 5:06 PM Flag

    Waste humor, nothing serious

    you're putting words in my mouth. Never said the
    stock is going to skyrocket or the w/off will cure all
    ills. I have consistently said the stock is worth $50.
    My timeframe happens to be 2 yrs. After the company
    names the next CEO, assuming he's the right person, it
    will take at least 9 months for this person to get the
    house in order. The stock will rise on news of the
    naming of the person, announced asset sales by year-end,

    As for cf, any write-off of bad debt will be
    one-time...the installation of fin'l controls and incr scrutinty
    moving fwd will be a boost to cash flow. Think of $3
    free cash flow as a current run rate increasing in the
    future once Mr. Perot Systems does his thing. Or are you
    saying Ross Perot's companies have a history of

    Your problem, and that of the other ex-emplyees is
    that you know too much for your own good. I have
    worked for 2 publically traded companies and in each
    case I allowed my "insights" into the company (at high
    levels, I might add) to rule my investment decisions on
    their stocks. That means I sold. The outcome was that I
    understimated management's abilities to do everything in their
    power to move their stock's prices ahead. Same will
    happen here.

    See you at $50, if you're still
    lurking here throughout the


    We're gonna make a lot of money from here.

62.21-0.23(-0.37%)Oct 21 4:02 PMEDT