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

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

ECX 1.720

-3.1%

3:59 PM EST

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To: MARK BARGER who wrote (2657)	7/8/1998 1:44:00 PM
From: Czechsinthemail	Read Replies (1) of 2841

It was then that I repeatedly asked the company for break-outs on the revenue growth of the different subs. I was told they didn't provide that type of information. I now believe that management itself didn't have a handle of what was going on with the different subs. This would be the incompetence theory. The other possibility is that they knew but were trying to hide the underperformance at existing subs. At various points in the company's history, there have been glaring examples of bad decisions that have cumulatively supported the bad management case. You have to take your pick between "bad management by good guys" or "bad management by skunks". Baird

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