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rheddle

10/13/06 8:03 AM

#1848 RE: ClarkJ #1846

ECFL Morning All - Nearing the bottom is the period of heaviest selling and the greatest misery and gloom.

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We have seen four days of what began as extremely heavy selling become less heavy throughout the week and dwindle yesterday afternoon and turn to the upside at about 14.30 yesterday.

I believe we have truly caught bottom with this one and I fully expect it to turn quickly to the upside from here in advance of next weeks merger and REVENUES announcement.

The revenues will be for the merged company, not just for ECFL alone.

This could be superb from here, but I am going to miss the first few hours of trading today unfortunately.

To a good day here.


R