A goal would likely have booked Melbourne's spot in the Grand Final and Eishold, who came in from an angle, pull his kick wide.
Hawthorn would go on to win the match with a goal after the siren, following Jim Stynes giving away a 15-metre penalty.
Melbourne made the Grand Final the following season, but Eishold didn't take part after making only seven appearances all year.
Back under his old Melbourne coach, John Northey, Eishold could only manage to add a further four games to his AFL tally.
He won a Morrison Medal in 1995 as the league's best player and was the coach of the 1997 Echuca premiership team.