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

To: Mark Dorros who wrote (1921)	3/5/1998 7:17:00 AM
From: tom pope	Respond to of 2841

>> but I expect the general market to fare much better today.<< Except that the market is overextended and may be looking for an excuse to put in a broader based correction.

To: Mark Dorros who wrote (1921)	3/5/1998 8:11:00 AM
From: MARK BARGER	Read Replies (1) \| Respond to of 2841

Good morning all, my only point about Intel last night was that for them to announce such a dramatic sales downturn will impact box makers and semis across the board. Make no mistake, the Nasdaq will tank today. But, I don't know how that will affect the oil service stocks. I think it may push some money into our sector in the next few months. As far as ECGOF stock price today and tomorrow, I bet the conf. call (good or bad) overides any Intel news. Still looking for $1.20. I'd really feel good about the whole issue if we open around 11 today. I plan on being invested in ECGOF until they are fully valued or I lose confidence in the management. But, short term, a higher stock price around 15 would make financing further acquisitions so much easier and less painful. So a nice move up in the stock would not only relieve some investor frustration but help ECGOF's bargaining power with the banks. Can't wait for the conf. call, and I still can't get that word "synergy" out of my head. Mark