ECGOF: Anyone following this company? Message Board

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

ECX 1.660

-3.5%

2:04 PM EST

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To: Michael Anthony who wrote (228)	4/3/1997 10:08:00 AM
From: david james	of 269

Michael, - I suspect that there are a lot of people like you that will continue to watch ECGOF carefully - just in case it starts to show a strong move - and jump in if the stock clears some point (e.g., 9 1/2?). I suspect that there are also lots of people like me that are going to hold onto this stock no matter what it does in the short term - because we believe in the story and don't try to predict short term fluctuations. - If the PR firm is NOT successful and no new institutions take interest then the stock will continue to trade in the 7 to 9 range. However, if the PR firm brings in enough people to buy 500,000 shares or so - or if an institution buys around that number - I think we can break out of this range - attracting a lot of the momentum players on the sideline to join in and this stock will break out. - This stock will pop sometime this year - I am not sure when - but I am quite confident that it will. I really do expect that they will hit 25 or 26 cents this last quarter. The company is very straightforward and doesn't mislead people into grossly overestimating or underestimating their earnings. The street will start to learn that the management can be trusted - and their expectations of $1.20 and $1 billion in Revs by 2000 will be achieved. - JBIL is a great company - but it is more likely to fall if the market correction continues as investors take profits. Your buy order could well be filled. ECGOF doesn't have a lot of people with great profits - yet - and not too many longs that feel nervous in this market. - From what I read, the Chem deal will not result in much dilution. In any case, the CEO is quite confident that they will reach $1.20 - 50% growth in earnings despite what it introduces. - Still don't see a better place for my money right now. David

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