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%

Dec 22 3:59 PM EST

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To: MARK BARGER who wrote (2158)	3/13/1998 5:11:00 PM
From: Nero	of 2841

ECGOF lesson #5,692: I think I have finally learned that an undervalued stock with a low PE can get hit just as hard as a high flyer. ECGOF missed 4th quarter whisper number by 33% -- almost the same percentage as we have dropped from 12. A low PE even with good growth offers no protection from earnings selloffs. Would AOL or KO fall any worse than ECGOF? No. nero

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