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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
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To: BILLYJEANNE who wrote (2470)5/16/1998 10:16:00 PM
From: Czechsinthemail  Read Replies (1) of 2841
 
Missing the $1.20 forecast and the abortive DBCO deal explain the drop in the stock price, but probably won't prevent it from rising. As Ron has pointed out, even with the disappointments factored in the stock is incredibly cheap. With relatively little downside risk and lots of upside potential, I think the stock will attract more buyers and move up from here. The balance of news from here forward should be positive.
Baird
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