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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.815-6.0%Jan 30 3:59 PM EST

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To: NW_Trader who wrote (3)4/18/1997 12:11:00 AM
From: david james   of 2841
 
- The analyst at HJ Meyers (Lowengart) last month moved the rating of the stock from buy to strong buy. He's the one shown in First Call. I also know he has had recent discussions with McGinnis during his recent presentation in New York.

- I talked with Lowengart about a month ago but didn't get the hard sell. He certainly seems to respect McGinnis though.

- There are lots of rumours around about possible new contracts but they are just rumours. They already have enough business to make $1.20.
David
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