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

To: Jeff Egg who wrote (2508)	6/3/1998 11:34:00 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 2841

Jeff, Spoke with Cindy at ECGOF today. Asked her about the companies plan of action regarding regaining institutional support. She stated that they are targeting select institutions with an interest in companies like ECGOF. We discussed a little bit about how the previous institutions decided to bail out when the company missed previous estimates even though they grew revenue by 29% from .81 to 1.08/share. That is what makes this company so attractive to me. It is basically at fire-sale prices with continuing prospects for very nice growth. What really galls me is that these previous institutions have the cajones to punish this company for missing earnings by a small fraction, yet ECGOF wasn't even sporting a P/E equal to its growth rate. Utter stupidity and short-sightedness that I have decided to take advantage of.... :0) Besides, I feel safer here than in the tech sector Big Caps at the moment. The INTC downgrade was like kicking a dead horse. Btw, Cindy stated that the company has 3 different analysts and efforts are underway to ensure that Zacks and First Call ackowledge ALL of the analysts. She should be finished providing her input to the analysts for their reports sometime next week. Regards, Ron