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

To: david james who wrote (2137)	3/10/1998 1:42:00 PM
From: john carr	Read Replies (1) \| Respond to of 2841

It looks as though when the people who don't want to hold what they think will be "dead" money get done selling we should move back up to the 11-12 level rather quickly. Seems to be a lot of buying pressure that could result in a pop when the traders from the low nines get done selling. IMO the April 10's look good at 15/16 as you have 6 weeks to get to 11 for a profit. 12.875 to double your money. good luck, john

To: david james who wrote (2137)	3/11/1998 6:00:00 PM
From: WhySoSoon	Read Replies (1) \| Respond to of 2841

Eco is still under consolidation but the sell off is appeared over. We should see the trading volume to diminish and the price may drop and retest the $9 support level. If the $9 support level holds, it will form a double bottom and will be extremely interesting. The fundamental data is already explained by David many times. In general, it is still a sound investment going forward. When the earning growth is 33% and the trailing PE is about 9, you know you get a good one.