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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: david james who wrote (1)7/7/1998 11:01:00 AM
From: Travis Pennington  Read Replies (1) of 2841
 
Yikes, 3 3/4 is a bit ridiculous. I'm sucking up shares from the bottom of the pond.

I have been burnt by this company before, as I'm sure this entire thread has at one time or another. Perhaps I can recoup some losses.

I can't imagine a possible write-off of goodwill that would pull the book value from 5+/sh to below today's price. I'm looking at a 12 month target and hoping some of those bookings can be converted to sales. Looks like good yardsale value to me.

Speaking of yardsales, anybody want to buy some Yahoo puts @ 70?

Travis
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