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: MARK BARGER who wrote (2466)	5/15/1998 3:17:00 AM
From: Czechsinthemail	Read Replies (1) of 2841

Mark, Though many around here have been thoroughly disillusioned by ECGOF's performance shortfall, I think it has mostly been due to the disappointment of very high expectations. More modest expectations, particularly given the company's low PE, and the stock would be much higher. Eventually, value investors will find their way back into the stock and the disillusioned who want to cash out will exit. Any signs of new growth will accelerate the stock's rebound. Since lining up new deals has been a McGinnis forte, I think the rebound will be faster than many are assuming. Baird

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