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

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

ECX 1.690

0.0%

Dec 17 3:59 PM EST

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To: david james who wrote (2528)	6/10/1998 8:09:00 PM
From: Eric O.	Read Replies (2) of 2841

David: IMHO, it seems that Eco will not get any more free rides without demonstrating that it has control of its margins and gets out of the lending business. The margin issues will be demonstrated one way or the other in the next few quarters. Unfortunately, the $.15 to $.18 figure that we are hearing for the 2Q is less than last year's $.30 fully taxed. Do you remember if we got a boost in the 2Q of 97 from that law suit? If so, do you remember what the numbers would have been without the law suit? Possibly $.15 to $.18 is not so bad if a large part of the $.30 was from a one time gain. Any new information on the EIFH and the MART loans? When are they due? I apologize in advance if this old information. Thanks! Eric

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