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

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

ECX 1.720

+3.6%

Dec 31 3:59 PM EST

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To: Alan Cole who wrote (1914)	3/4/1998 8:48:00 PM
From: MARK BARGER	Read Replies (2) of 2841

IMO tomorrow could be ugly for the overall market. The box makers and semis will get hammered. I have no idea how much will damage will be spread to the rest of the sectors. But, in the months to come, as some of those high tech. P/E's come tumbling down to more reasonable levels, I think our sector will gain ground. Hopefully, if nothing else, our stellar conf. call (I hope) will protect us from whatever market travesties are heaped upon us in the next couple of days. I have been afraid of this market for awhile now, and watched in amazement as AOL, Dell, Coke, Cisco, etc. all ram thru the 50 P/E range and keep on chugging up, way in advance of earnings growth. While any stock not in the Nifty Fifty has been left behind. Maybe more investors will start to see the value in the smaller cap. issures now. Who knows, I still can't believe ECGOF is going to earn approx. $1.20 and still be selling for $10. I, for sure, can't figure this market out. Figures.... this would happen just when I thought we may actually make a move up! Mark

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