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

To: MARK BARGER who wrote (2235)	3/24/1998 10:41:00 AM
From: Gary Yerman	Read Replies (1) \| Respond to of 2841

Hello, I haven't read any posts here lately and I don't have any of this stock as yet but I received this in my e-mail and thought I would pass it on. Good luck all Late yesterday, AMERICAN ECO CORP (9-1/4 up 7/16 @ 9:45 a.m. ET) said it has withdrawn the Letter of Intent of Feb. 20th, 1998, for the acquisition of DOMINION BRIDGE CORP. (1-1/4 down 3/16 @ 9:45 a.m. ET) and has presently terminated negotiations for any further transactions. American Eco stated that due to complexities of the transaction and the time constraints for its completion, the remaining proposed transactions cannot be consummated. Michael E. McGinnis, Chairman, President and CEO of American Eco, stated, "We will now resume discussions with other acquisition candidates that had been put on hold during the negotiations with Dominion Bridge." (Reuters 07:15 PM ET 03/23/98) For the full text story, see infobeat.com