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

To: Nero who wrote (2407)	4/21/1998 9:48:00 AM
From: MARK BARGER	Respond to of 2841

Just broke thru 8, the ask at 8 1/16 now. Who nows where this baby is headed. I have said about 3 times now that this was the worst case scenario. Can it get any worse. It would be a shame to sell at these levels. I plan on holding for a while to see what happens. I've learned a lot of lessons on this one. Again, David thanks all your DD work on ECGOF. Does anyone other than me see a correlation with Norris' arival on the job and the continuing debacles with ECGOF financial decisions? Oops, looks like we're back down to 7 3/4. Heading back up above 8 will be some hard fought territory. Good luck all Mark

To: Nero who wrote (2407)	4/24/1998 1:02:00 AM
From: Gemini	Read Replies (2) \| Respond to of 2841

Nero, Thanks for the survey. An earnings surprise is what Eco needs most of all. Take Microsoft as the classic example. Why do you think it beats estimates each quarter? Because it intentionally and conservatively predicts its financials going forward. Prior to the recent fiasco, McGinnis got real spoiled by accurately predicting quarterly earnings. Unfortunately, it didn't turn analysts' heads because there were no earning surprises despite the fact that the fundamentals were outstanding and the stock was way undervalued for a long time. Hopefully, management will finally get the message that shooting too high will not get the job done, but rather runs the greater risk of disappointing big time, i.e. $1.20. Just one man's opinion. Sitting tight at these levels and over the long term. Allan