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

To: Peter H. Mack who wrote (2222)	3/23/1998 8:58:00 PM
From: Michael Anthony	Read Replies (1) \| Respond to of 2841

>>I wonder what the reasoning will be when it comes out..<< I don't think they could get the 25 mill. Or, since it was a cash deal Eco's price erosion makes it looks much less attractive. (DBCO holders get theirs when eco hits 15) I don't care what the reason, this looks terrible. Put any positive spin on it you like, but the market won't. These guys really should get a sit-com. They are quite the clowns IMO. All of the things I used to laud them for were never really true in the first place. Their numbers always looked so good and now we know why. You can't have it both ways....ooh it's a great deal...Ooh, it's now actually a positive that it fell through". As Bill the Cat would say..."thpft, ack"!!