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

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

ECX 1.655

-0.6%

Dec 23 3:59 PM EST

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To: Grommit who wrote (2043)	3/6/1998 10:38:00 AM
From: Peter H. Mack	of 2841

Grommit.... Your comments on the situation were neatly put in this message, and I agree with you totally.. I would like to add that the backlog comments trouble me somewhat because of the offhand way they are given. We were told that the backlog for ECO is $245 mil.. and the number includes reoccurring business. This leads me to believe that the number is not precisely firm although probable. The number $900 for the combined company is probably the same sort of number. Last years combined revenue was $787 mil and the difference (113 mil) may be in Davie & MDC another probable but not exactly precise. I think that because of the generalities we were fed, we are in dire need of a definitive statement like a 10k of complete annual statement. Most CC's that I have listened to have been much higher quality..This one was a big disappointment.

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