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

To: Joe Hoek who wrote (1975)	3/5/1998 5:23:00 PM
From: david james	Read Replies (1) \| Respond to of 2841

Only the second question referring to the $1.20. Asking Mike what he thinks about response of the street. Mike is not ashamed with the growth but feels bad about missing. Said they are terribly undervalued and hopes the street will recognize that. One caller even congratulated him on his numbers. Most questions are about the future estimates, and details of the company. David

To: Joe Hoek who wrote (1975)	3/5/1998 5:32:00 PM
From: Nero	Read Replies (1) \| Respond to of 2841

OK, I'm looking over the press release again. The numbers are still impressive. In a vacuum (yeah, I know this sucks) it still looks like a seriously undervalued, very profitable, growing firm. I'm not an apologist for McGinnis and company, but besides extremely unfortunate earnings estimates, they still apparently know how to make money in the construction and industrial services business. I'm not selling into the teeth of any selloff tomorrow. If I have to, I'll double up -- trusting (still?) that they will continue to take care of business. nero