ECGOF: Anyone following this company? Message Board

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Gold/Mining/Energy : ECGOF: Anyone following this company?

ECX 1.645

-4.4%

Jan 2 9:30 AM EST

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To: perry watson who wrote (225)	4/2/1997 5:12:00 PM
From: Michael Anthony	of 269

Unfortunately, the longer it takes them, the more turned off people are by it's trading history. I am still of the opinion that the debentures asociated with the CHEM deal will keep a lidon the price for awhile. If it jumps over 8 on earnings, I see more selling pressure than buying from those who have ben patient too long such as I was. Unless they are substantially over 25c, it'll be another sell on the news scenario IMO. Lots of short-termers in this one looking for a pop and playing it. Not enough "holders", and even they will get frustrated if it doesn't move soon. My main reason for getting out was realizing that certain stocks just always have low PE's no matter what. Not only that, the PR firm is a joke IMO. I still follow it, but I see no reason to get excited again....yet.

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