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


To: david james who wrote (1282)12/16/1997 2:40:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 2841
 
For all of you who got so offended when I posted that the only thing wrong with this stock is that they didn't beat estimates last quarter, maybe now you will believe me. The street believed Mike, just like we did. Companies are judged by their ESP growth. When they failed to beat, the stock no longer had the attraction it previously had. The shorts moved in and the momentum players sold. If I were Mike, and owned what he ownes, I'd sure as hell make sure someone was spending time with analysts and make darn sure they were kept up to date. This stock has lost 1/3 of it's value since around the earnings report. IR chimes how great things are.......
Fred



To: david james who wrote (1282)12/16/1997 5:05:00 PM
From: Jeff Mulder  Read Replies (1) | Respond to of 2841
 
Whoops. Sorry for the confusion. I jumped right into the numbers without reading the subhead on the page. Some cyber sleuth I make, hunh?

Let me try again. I note that Morningstar lists just $.20 in EPS for the most recent quarter. Any idea how they came up with this number? They compare it against $.20 for the year-ago quarter, which means they're showing no growth. They've got the previous two quarters correct at $.30 and $.25.

As a side note, here's the industry category according to Morningstar:
ECGOF SERVICES - MISC BUSINESS SERVICES

- Jeff