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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Chuzzlewit who wrote (13312)	3/2/1998 3:49:00 PM
From: david james	Respond to of 95453

Yes, My numbers for American Eco (ECGOF) and Friedman Goldman (FGII) are in U.S. dollars. American Eco is incorporated in Canada but currently headquartered in Houston Texas. They get preferential treatment on some of the Canadian contracts since it was stipulated that contracts (e.g., the Sable Gas Field project) should employ Canadian workers. The ex-governor of Texas, Mark White, was the previous Chairman of the Board. And one of the subs (SRS Industries) was a company originally co-founded by John Wayne (yes, the Duke!). Unfortunately, we took it on the chin today because the company said that earnings would be out today and now they've shifted them to Thursday. They have just begun using a "Big 6" auditor (Coopers and Lybrand) and the report was supposedly not ready to go out. Sounds like Eco is a bit pissed with their auditors, but it should not have any effect in their earnings. Still expecting a minimum of 85 cents on Thursday. David