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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.655-0.6%Dec 23 3:59 PM EST

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To: B Pos who wrote (2630)7/7/1998 1:47:00 PM
From: JimieA   of 2841
 
"While earnings are always the focus, it should not be overlooked that revenues did actually increase in this bad quarter"

When we focus on either earnings or revenues, it should be on EPS or revenues per share. Since we are evaluating shares of stock to either buy or sell.

Revenues did increase from $56.362M to $59.461M or 5.5%
but shares increased from 14,816,802 to 20,604,111 or 39.1%
So Revenues per Share went from $3.80 to $2.89 or down 24%

Also, remember that Eco did have revenues of $70.703M in their 11/97 quarter.

Jim
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