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Gold/Mining/Energy : ECGOF: Anyone following this company?
ECX 1.720+3.6%Dec 31 3:59 PM EST
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To: david james who wrote (257)4/17/1997 1:51:00 AM
From: C.J. RALLIS   of 269
 
David: great work
Comments: since you insist.

P/E 9 for last year ear of .81
6 for current projected ear for 97 of 1.20

1994 ear were .15 cents
maybe you can add rev to {exp:} 94 .15 / 35,000,000
95 ..40 /46,648,000

1997 est of 1.20 on 240m rev

<independent auditors were brought in to go over the books>
also note this is common practice when a CFO resigns.

<CFO purchase 300,000 shares>
he and top mng plan to buy up to 1,000,000 by 08/97

and if you want to add HYPE you can talk about B&R and CVG
INTERNAL GROWTH of 25 to 30 %

and under President and CEO
Maybe you can give us a brief history on McGinnis
how he has taken Eco from 1mil in rev to 120 in less than 4 years
and has over 30 yrs exp in this industry.

I'm no expert on AEC just my two cents, since you asked....
C.J./NYC
P.S. DAVE overall GREAT work as always................
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