Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Michael Anthony who wrote (2229)	3/24/1998 2:09:00 AM
From: david james	Read Replies (1) \| Respond to of 2841

This statement is not correct "So if 99c turns out accurate fo 98, that's still less than 66c GAAP." One of the principle difference between U.S GAAP and Canadian GAAP in 1997 was that on U.S. GAAP the cost of the debentures was all put into 1997, which they will be spread over 10 years in Canadian GAAP. That means that in 1998 there is a potential that U.S. GAAP would be higher than Canadian GAAP since Canadian GAAP will still incur a charge. Hard to tell who has been on the sidelines thinking that DBCO was too much for Eco given DBCO's negative cash flow and debt. It could indeed be volitile tomorrow, but I hope those trades after the close provide some indication. David