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: Nero who wrote (2407)	4/24/1998 1:02:00 AM
From: Gemini	Read Replies (2) of 2841

Nero, Thanks for the survey. An earnings surprise is what Eco needs most of all. Take Microsoft as the classic example. Why do you think it beats estimates each quarter? Because it intentionally and conservatively predicts its financials going forward. Prior to the recent fiasco, McGinnis got real spoiled by accurately predicting quarterly earnings. Unfortunately, it didn't turn analysts' heads because there were no earning surprises despite the fact that the fundamentals were outstanding and the stock was way undervalued for a long time. Hopefully, management will finally get the message that shooting too high will not get the job done, but rather runs the greater risk of disappointing big time, i.e. $1.20. Just one man's opinion. Sitting tight at these levels and over the long term. Allan

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