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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?

To: dmccoach who wrote (1234)	12/11/1997 1:08:00 PM
From: david james	Read Replies (2) \| Respond to of 2841

Well, I've checked with everyone I can and everything at Eco appears at all angles to be fundamentally sound. I was also told that there are a few traders at Fidelity that have been riding and pushing this one both ways and they are now on the short end and are still trying to push it lower - getting those last stop losses and margin calls before covering. It certainly is weird when you see all these companies trading at PEGs at 2.0 and over, just falling a tad, while Eco with its PEG around .2, falling 10%. Geez, at a PEG of 2.0, Eco would have a price of about $120/share. Even the industry average has a PEG around 1.6, would be a share price of $96/share. David