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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.600-5.1%Dec 15 3:59 PM EST

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To: HedyVP who wrote (2618)7/7/1998 9:31:00 AM
From: Grommit  Read Replies (1) of 2841
 
Mgmt seems out of it's league again.

They mismanaged he acquisistion end of the business and it seems that their operational capabilities are also weak. Run to the exit.

They should have known what was coming. They should have already put a plan in place and taken a restructuring charge. They should have a handle on profitability or revenue or something.

I sold this stock at 9 1/2 to 10 and lost quite a bit. I bought a few back at 7 recently and luckily sold yesterday at 6+. Never again.

......

ACK. I just saw the opening price.
Sorry folks and good luck.

....
PS - I entered my sell order yesterday then cancelled it 2 minutes later. I thought it was not executed until I happily saw it today. *whew*
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