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

To: tom pope who wrote (2195)	3/22/1998 12:05:00 AM
From: Graham Dellaire	Read Replies (2) \| Respond to of 2841

Hello All... been lurking for a while and thinking about Am. Eco since I pulled it up on a PE earnings growth screen 6 months ago. I have watched the stock drop with confusion over Dominion Bridge Acquisition and I guess Oil prices.... they sort of match up! The Dominion Bridge acquisition carries 42 million in debt. That is almost doubles total debt, bringing it to about 97 million! That is almost half of the total revenue! Is anyone worried about this? Maybe we could drift lower but I wouldn't mind taking a position now. Somebody convince me.... I like the low PE but how low will she go? Graham P.S. Hello Louie Romano!