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

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

ECX 1.665

-7.5%

3:59 PM EST

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To: david james who wrote (2137)	3/11/1998 6:00:00 PM
From: WhySoSoon	Read Replies (1) of 2841

Eco is still under consolidation but the sell off is appeared over. We should see the trading volume to diminish and the price may drop and retest the $9 support level. If the $9 support level holds, it will form a double bottom and will be extremely interesting. The fundamental data is already explained by David many times. In general, it is still a sound investment going forward. When the earning growth is 33% and the trailing PE is about 9, you know you get a good one.

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