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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: Hunter Vann who wrote (2172)3/17/1998 4:09:00 PM
From: MARK BARGER  Read Replies (1) of 2841
 
This could get ugly as stop losses kick in and investor frustration grows. Any company associated with gas or oil is getting pounded right now. No relief in sight from the oil oversupply problem either.
I have lightened up on ECGOF and bought some e-commerce stocks, which have no earnings but are up about 10-20% in price in the last 2 weeks; go figure. We may dip into the 8's in the next couple of weeks, but I hate to sell at these levels. A nice STRONG BUY reccomendation from ECGOF's investment banker is what we need to prop up the price a little. Sounds like business is great, keep the faith.

Mark
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