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


To: david james who wrote (2611)7/6/1998 10:40:00 PM
From: egoldie  Read Replies (2) | Respond to of 2841
 
David, when I called this morning, I was told by IR that the conference call would only be open to institutional investors. How did you get on line. Could you go into the conference call a little more in depth or tell us whether or not we can hear any replay?



To: david james who wrote (2611)7/6/1998 11:12:00 PM
From: michael meyers  Read Replies (1) | Respond to of 2841
 
Well, David, there is no doubt now that this stock/company is
a dog. Sigh. Maybe in the future it will turn around but it's
currently a dog, dropping 65% from it's high. Sigh. Oh, well,
live and learn. I'm out of here with a sell at the market open.
Good luck to all who stay around.
Michael



To: david james who wrote (2611)7/7/1998 10:00:00 AM
From: Gemini  Respond to of 2841
 
David,

Yesterday's announcement didn't do anything for damage control.
Bottom fishing, anyone???

Allan



To: david james who wrote (2611)7/8/1998 3:03:00 AM
From: Czechsinthemail  Respond to of 2841
 
David,

Concerning book value at $5.29, how much of that represents intangibles? The problem with assuming a high book value is that the subsequent write-offs of intangibles erode it away. What is tangible book value for the company at this point?
I'm also a bit concerned about the inability to forecast for the rest of the year. It sounds a bit like, "This is such a sprawling conglomerate, nobody here knows for sure what's going on. We think it's high time we start checking it out." It just doesn't inspire confidence that management has a good grip on the reins.

Baird