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%

3:59 PM EST

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To: Nero who wrote (2066)	3/6/1998 3:38:00 PM
From: Grommit	of 2841

Good questions nero, I think the investment here is dead for a quarter or two because the analysts who have accepted Mike's guidance will now take greater care and be extra conservative with their estimates. So downgrades in EPS for 1998 will probably occur. If the CC concerns about Q1 are a valid indicator then should we expect less than .20 per share in Q1?. (Note -- Q4 would have been .20 with a 35% tax rate.) I am still amazed that they said that contracts mobilization delays caused the miss, and then mentioned that the delayed contracts will not show up in Q1 either. Huh? This stock could be stuck here until the results are in and audited -- 6 months from now.

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