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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.665-7.5%3:59 PM EST
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To: Zach E. who wrote (205)7/15/1997 2:05:00 PM
From: MARK BARGER   of 2841
 
ECGOF up 1/4 with 400,000 shares traded at 2:00 pm. I didn't think
we would double today, but I am surprised at the market's lack of
a more positive response to a cool 50% earnings increase, for the
what, 12th straight quarter. I just bought some APM yesterday on
anticipated good earnings report. They beat est. by 2 cents and are
up from 26 to 32 in 2 days. Ecgof kills estimates and sits on its hands. Go figure. Still way long and waiting for a little market respect.
Mark Barger
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