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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.670-6.7%Feb 5 3:59 PM EST

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To: david james who wrote (1613)2/7/1998 1:22:00 PM
From: Sparky Beardslee  Read Replies (1) of 2841
 
David: I am a subscriber of Zack's and I can tell you they do not give an estimate for ECO's yearend '97. What you quoted on your previous note [http://quote.yahoo.com/q?s=ecgof&d=r] is furnished by Yahoo, not provided by Zack's. This is what I received from Zack's releative to their raising their estimate from 2 to 1 recently.

ANALYST WATCH PORTFOLIO REPORT - DEFAULT FORMAT
FEBRUARY 4, 1998
7 STOCKS IN THE PORTFOLIO

ACCOUNT:
To access Zacks full services, go to : zacks.com
Click on "Clients" and enter your account in the space provided.

PORTFOLIO: MAIN

PORTFOLIO OVERVIEW

Weekly items
(1-5, 1=best)
Symbol Close Change Volume Zacks Rank Zacks Rank Change
BARR 13.2500 -0.1250 181700 3 No change
EDUSF 0.00 0.0000
ALNK 26.8750 0.1250 96900 1 +
WIRE 27.1250 1.1250 269600 2 No change
WTT 6.2500 0.1250 79100
SOCR 7.1250 -1.5625 291100
ECGOF 11.8125 0.1250 113600 1 +

PORTFOLIO RETURN

ESTIMATE REVISIONS:
No events

RECOMMENDATION CHANGES:
No events

EPS SURPRISES:
No events

NEWSBYTES HEADLINES: (Note: Full text stories will follow this portfolio report)
No events

PR NEWSWIRE HEADLINES: (Note: Full text stories will follow this portfolio report)
No events

DIVIDENDS DECLARED:
No events

EXPECTED EARNINGS REPORT DATE:
BARR: BARRINGER TECH is expected to report earnings for its
fiscal quarter ending 12/97 on 02/12/98. The Zacks
consensus estimate of earnings per share for BARR's 12/97
quarter is $0.24.
ECGOF: AMER ECO CORP is expected to report earnings for its
fiscal quarter ending 11/97 on 02/05/98. The Zacks
consensus estimate of earnings per share for ECGOF's
11/97 quarter is $N/A.
WIRE: ENCORE WIRE CP is expected to report earnings for its
fiscal quarter ending 12/97 on 02/06/98. The Zacks
consensus estimate of earnings per share for WIRE's 12/97
quarter is $0.57.

* the reason I find this upgrade interesting is because they do NOT make any estimates for their earnings. Why upgrade them to 1 from 2 if they do not even project a number. Zack's doesn't reward companies with a #1 rating without some due dilligence on their part. This is all beginning to add up. I also know of a fund that took a position this month. Next week should tell alot.

Sparky....excuse all the other stocks as they are currently in my portfolio.
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