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

To: Porter who wrote (2773)	12/20/1998 10:50:00 AM
From: snake	Read Replies (1) \| Respond to of 2841

Porter..I too have reentered this stock at $1 5/8....Iwas in it last yr and sold before it took a dive ...It is hard to believe how low the stock price has fallen...the big houses have dumped their holdings so it may be awhile before the share price advances...nonetheless once revenues increase quarter by quarter you can be sure they will see an opportunity to reenter with purchases...and this means more exposure..and more exposure is GOOD...I dont feel down on this co because it still has significant sales..revenues are rising..they have lots of cash and a low debt load..and a book value ($5.65)way above the current stock price... and the chances of a turnaround are good...buy when there is blood in the street....and theres plenty of blood here...it appears to have finally clotted ...I smell a turnaround...we shall see...

To: Porter who wrote (2773)	12/20/1998 8:41:00 PM
From: Wade	Read Replies (1) \| Respond to of 2841

Porter, I know the fundamental looks good on surface, however, do you think all of the sellers don't know about this? What I am worried about is the things we do not know. There are many other stocks are trading below books as well. All of stocks are selling for their future prices. Does this mean that these company heading down the tubes, or, the sellers are just plainly not educated? Is this stock really overly sold? What is the odds you are wrong? I am tempted to jump in this stock last week. However, I decided to hold back just because of the news announcement was very disturbing to me. Any way, good luck for your venture. I may joint you later, if I see this company is heading toward right direction again. Sincerely, Wade