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

To: Hunter Vann who wrote (2296)	3/30/1998 2:28:00 PM
From: Peter H. Mack	Respond to of 2841

I wouldn't credit an earnings estimate just now because they might not make much sense.. I posted earlier based on announced backlog, and margin rates prevailing that $1.03 was reasonable.. The point at the time was to show the margin was low and could be improved, Dr. James immediately called attention to MM Industra which is currently running on much better margins and the backlog number may well be increasing with recent announcements. I am watching with avid interest and sometimes amazement. regards pete