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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.900+2.2%Jan 16 9:30 AM EST

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To: Brian P. who wrote (1740)2/19/1998 11:02:00 PM
From: Michael Anthony  Read Replies (3) of 2841
 
Eco has better things to do right now than boost PR. I think they should focus on business. The numbers will win out in the long run. Even if it stays at a PE of 10 with ~2 bucks in 99 that's less than 2 years to $20. It has gained an average 30%/year since 94 and although I haven't been in that long, I certainly don't think they are slowing. This is short term stuff. The big picture hasn't changed. There will be other acquisitions, and there will be other earnings. There will be delays and unmet deadlines from IR too. Let's all just assume that and stop being surprised OK?

This isn't DELL. It's safe but it's slow and I see only better days ahead for this company if you're focus is out at about 2-5 years and not resting solely on 1.20. If they do well but miss 1.20, I will buy more. I am not naive to how the market will react if they miss by a penny or two, but I also know that 2 pennies will be just as quickly forgotten and we'll rise again as business grows this year. I personally think 1.20 is a given. Just another brick in the wall. Little by little, the good and the bad will shake out and IMO the growth trend ultimately is up from what I see for the foreseeable future. I'm comfortable enough with the long term that 1.20 means less to me than it did a few months ago. Que sera sera. Bring it on and let's get it behind us FINALLY!! (btw, my guess for earnings is that it will be at the last minute, probably Saturday the 28th and announced Monday the 2nd so they can say technically it was the end of the month. Wouldn't surprise me a bit.)
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