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

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

ECX 1.902

+5.1%

Jan 9 9:30 AM EST

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To: Tim Gardner who wrote (1952)	3/5/1998 4:51:00 PM
From: Bruce Rogers	of 2841

Blah, blah, blah. Spin it any way you want. The bottom line is that Mike's "comfort levels" can no longer be relied upon--nor can the company be relied upon to keep lower than expected earnings to themselves--obviously these pathetic results (compared to what the company continually led investors to expect) were leaked a week ago to some favored few--the volume and share price now leave no other interpretation. No matter how good the results are year over year, the company has a responsibility to give either accurate expected earnings or none--they are under no obligation to speculate, but if they do speculate/guess it should be accurate. Almost for sure we can expect a shareholder's suit--attorneys are no doubt already going back and getting the dates and wordings of Mike's "comfort levels."

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