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Gold/Mining/Energy : Eco Logic Company ( ELI ECO ) Update -- Ignore unavailable to you. Want to Upgrade?

To: Abbeydale who wrote (278)	7/16/1999 2:16:00 PM
From: Don Beals	Read Replies (1) \| Respond to of 340

It is now ,75 on good volume. I can't imagine that the contract announced this week for just evaluation of the technology could be responsible for this move. The news was out 2 days ago and it is just a contract to evaluate the technology. Perhaps other evaluation contracts are coming to fruition. Hopefully the Japanese one which is potentially lucrative. All that is required for that contract to get the green light is Japanese regulatory approval. I think that this stock is news driven. TA will not help until we discover what if any news there is. On the other hand all this is probably just a false alarm. Don