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March 17, 2004
Rebekah A. Hall
New York -- JP Morgan Securities has announced data that suggests industrial waste volume growth will increase this spring. The company also stipulates that higher recycled commodity prices will have little effect on waste company earnings. Long-term revenue potential for the waste group is not reflected in current valuations, the company says, and it again has listed Scottsdale, Ariz.-based Allied Waste Industries Inc. and Houston -based Waste Management Inc. as its top picks.
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