American Eco (ECGOF, ECX on Toronto exchange) Message Board

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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

ECX 1.930

-9.0%

Dec 8 3:59 PM EST

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To: Porter who wrote (2773)	12/20/1998 10:50:00 AM
From: snake	Read Replies (1) of 2841

Porter..I too have reentered this stock at $1 5/8....Iwas in it last yr and sold before it took a dive ...It is hard to believe how low the stock price has fallen...the big houses have dumped their holdings so it may be awhile before the share price advances...nonetheless once revenues increase quarter by quarter you can be sure they will see an opportunity to reenter with purchases...and this means more exposure..and more exposure is GOOD...I dont feel down on this co because it still has significant sales..revenues are rising..they have lots of cash and a low debt load..and a book value ($5.65)way above the current stock price... and the chances of a turnaround are good...buy when there is blood in the street....and theres plenty of blood here...it appears to have finally clotted ...I smell a turnaround...we shall see...

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