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: Czechsinthemail who wrote (2162)	3/16/1998 10:18:00 AM
From: Grommit	Read Replies (1) of 2841

The "mobilization" sounds like a good news item for the upcoming earnings periods when it will add to Eco's growth in EPS. That question was specifically asked in the CC and the answer was a clear 'NO'. That is one reason why the "mobilization" reason seems dubious. It would have been reasuring if someone said "Another reason we missed the 1.20 because Coop&Lyb wanted to be ultra conservative their first time out and although we believe they might be going a bit overboard, we agreed. So from here on out we can expect..." but that was not said either. No warnings + No valid reasons + No guidance = No confidence. Speculate as to the reasons for the shortfall all you want. This stock will not move until actual results announced. So far I am glad I dumped most of mine on "liar's friday". Maybe I will buy them back in 30 days.

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