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

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

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To: Daveyk who wrote (2379)	4/15/1998 6:14:00 PM
From: Zach E.	Read Replies (3) of 2841

With a record backlog of US$245.0 million, American Eco expects 1998 to be a strong year of approximately US$0.70 to US$0.80 per share fully taxed as compared to US$0.77 per share in 1997 had it been reported on a comparably taxed basis. Am I the only one that doesn't consider zero earnings growth to be "strong"? Also, I don't understand why the basic and fully diluted EPS figures are identical, even though the number of shares differ by 20%? To me, this report indicates that the fundamental story behind ECGOF has changed for the worse, and if there is any strength, (yeah right) I will probably sell into it. Zach

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