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


To: Frederick Langford who wrote (1840)3/2/1998 10:16:00 AM
From: Hunter Vann  Read Replies (2) | Respond to of 2841
 
A fall to $10 would require a 17% gain just to return us to old levels. I share in your frustration and would have been gone a long time ago not for the vast & detailed amount of info. on this thread. My cash could have much more wisely used in other places. BUT, hopefully my patience & determination will pay off one of these days(weeks, or years!)



To: Frederick Langford who wrote (1840)3/2/1998 12:21:00 PM
From: Raymond James Norris  Read Replies (1) | Respond to of 2841
 
>>Mr Norris, do not bother to defend, it's getting old. May very well proceed against this company. Am tired of the runaround, they just never learn.<<

That's rather presumptuous. You haven't even seen earnings to make an informed opinion on whether this company has a good short term. Long term speaking, these delays don't mean a thing. It certainly won't affect where the stock is one year from now.

You act as if I defend every blunder. Hey, I'm just as frustrated as you. But unlike you, I have a better sense of where this company stands in relation to its growth rates, its industry, and the market. About the lowest risk company for my money to be in. And to discount its magnificent past performance (in terms of stock price gains and operations), is, IMHO, rather naive.

This stock will appreciate as long as Management continues to execute their plans accordingly. And to jump ship simply because of an earnings delay when Revenues could reach 1 billion in the next year is a far cry from sensible thinking. If you read a lot of the best investment minds (Lynch, Buffet, etc.) you'll find the one thing that always causes smaller investors to miss out on large gains: Their Emotions.

Conservatively Yours,
Raymond J. Norris