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

To: Michael Anthony who wrote (1741)	2/19/1998 11:40:00 PM
From: gsun	Respond to of 2841

Could someone please tell me under what regulation Eco must announce earnings by Feb 28? That date is less than 90 days after November 30, 1997 which I understood is yearend. In BC/TSE reporting requirements are before 140 days after yearend (although seldom would an issuer wait that long). Just trying to update my knowledge on reporting times. gsun

To: Michael Anthony who wrote (1741)	2/20/1998 8:22:00 AM
From: Francois H. Gaston	Read Replies (1) \| Respond to of 2841

... I completely disagree. They have to take care of business AND PR at the same time. Not difficult to do if they had reduced their publicized growth target to a more reasonable level while spending big $ on PR. Their stock could be in the 20s now, which would allow them to approach banks, and acquisitions in a much better position than with a stock price that could revisit the single digits. To improve PR does NOT take time. Hiring a big name company would have relieved McGinnis and Co. from having to deal with that. Just IMHO... But I think that they need big time help in that area, at American ECO... Stock could easily double because of the solid underlying business management. The more they wait the more they damage American ECO's image... not the time to do when the stockmarket reach lofty levels because ECGOF could correct very severely from this level if we hit a pothole in the stock market, this Spring... Again, I will say that shorting ECGOF is not my ballgame at this time because the PE is low, and growth prospects for American ECO are excellent... but frustration is there. I will not hesitate to go for the jugular if the tide turns! American ECO is very vulnerable ....and so we are. American ECO is missing the boat and it is not by badmouthing another company that they will look better. Actually they might position themselves for a lawsuit... Future will tell. Good luck All Gaston.

To: Michael Anthony who wrote (1741)	2/20/1998 6:37:00 PM
From: WhySoSoon	Read Replies (1) \| Respond to of 2841

I agree with you. This stock will be driven by earning growth. It may deserve a higher PE but this is what the market thinks, so be it. If the earning growth sustains, the share price will reflect this. I believe the share price is composed of potential (intrinsic and value) and kinetic (momentum) energy. This stock is full of potential and little kinetic. But when the time that the potential energy starts transferring to kinetic energy, watch out. For those potential energy investors, buy as you wish. For those kinetic energy investors, a buy stop should be considered. The PR thing is not a major issue, this stock is not very sexy. It is rock solid. Actually, I think the drop in price in market will far less severe than those high flying PE stocks because of its low PE. This company keeps on amazing me by picking up contract after contract. Please see biz.yahoo.com for more information. The Dominion Bridge fiasco shows us the toughness of the Eco management. It does not bend and make acquisition at high price (so far). I personally praise the management for sticking to its principle. Finally, the Financial Post Investment Report revised the BUY/SELL range of Eco this month. It now says Eco is a buy under C$21 (US15) and a sell over C$28 (US$20).