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

To: Kevin Hamlin who wrote (2642)	7/7/1998 10:35:00 PM
From: cincy bearcat	Respond to of 2841

Kevin, Thanks for your thoughts. I too, hope the worst is behind us. The backlogs are a ray of hope and late summer early fall last year was this companies best run.. I also think a lawsuit is a waste of time and my money. This stock will not appreciate in value if lawsuits mount and we won't see a dime......

To: Kevin Hamlin who wrote (2642)	7/8/1998 1:06:00 AM
From: Gemini	Respond to of 2841

Kevin, Thank you for your excellent post. As a long term holder (it's too late to get out now) I have three principal questions: (1) One would think that with Eco's very large backlog of future business it would be a logical takeover candidate? (2) Is it reasonable to assume the company will seriously consider buying back its shares at these bargain rates while announcing to the world why it's taking such action? (3) And what guarantees do we have that management will make the critical moves to get this ship afloat once again to where it was on October 3, 1997 when the stock was $14.43 and what most thought was a totally undervalued position back then? Your thoughts, Allan

To: Kevin Hamlin who wrote (2642)	7/8/1998 3:30:00 AM
From: Czechsinthemail	Respond to of 2841

Kevin, I'm not sure that your argument that the company is in better shape now than in the past will float. Look back to the last company earnings announcement. You'll see many people were maintaining that since the bad news was out the company was a bargain. There is a major credibility problem. Either management is dishonest or inept, but neither of these inspires much confidence. It is hard to have confidence that management is doing what it takes to solve the problems when they effectively say, "We don't know what's going on; we'll have to look into it." Baird