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

To: Wade who wrote (2775)	12/20/1998 10:11:00 PM
From: Porter	Respond to of 2841

Wade, I could be wrong, I just evaluate the information I can gain and make my best guess like anybody else. I looked at the current assets (primarily capital), revenues and debt, and if it was all liquidated today (less good will) the share holders would have approx. 2.16 per share which is the very worst case. If the Co. continues to grow or gains share holder confidence the price should rapidly grow to at least 3.00-4.00. This is all speculation but the potential jumps out at me. Take some time and compare EPS to other companies with even higher debt and you would be surprised at what you see. The big question is management???? are they strong?? I am gambling that they will rise soon as diversity forces strength or failure, either way it will be a fun ride. Best of luck to you. JP