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

To: B Pos who wrote (2706)	8/14/1998 3:00:00 PM
From: david james	Read Replies (3) \| Respond to of 2841

From Yahoo messages.yahoo.com@m2.yahoo.com From a fax sent out. "American ECO is scheduling a conference call for Tuesday, August 18, 1998 to: -Introduce ECO's new President, Frank Fradella; -Discuss the Company's Strategic plan, developed by Mr. Fradella and recently approved by the Board of directors; -Give concrete Guidance on Earnings expectations consistent with the due diligence conducted by Mr. Fradella and his new operating team. American Eco plans to issue a press release next Tuesday prior to the conference call which will describe in detail the positive and achievable goals set forth in the new strategic plan unanimously approved by the Board of Directors yesterday. Prior to the second quarter results reported last month, American Eco recorded 17 consecutive profitable quarters. The Company has built a reputation as an effective industry consolidator and plans to demonstrate in the months ahead its ability to be a profitable integrator of its acquisitions." I also learned that the Company currently does not plan to write down its investment in DBCO since it does not view the current events as a "permanent impairment." ÿ