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Technology Stocks : Advanced Engine Technologies (AENG)
AENG 0.00010000.0%Mar 7 3:00 PM EST

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To: WMG who wrote (429)6/1/1998 1:51:00 AM
From: wonk   of 3383
 
WMG:

This just flat out is not a very savy group of guys.

Assuming the engine is everything claimed, I would suggest that organizational form is brain dead. If AENG is truly intending to be just a royalty collections shop where licensees do their own R&D, design and manufacturing, then the overhead will be very low. Therefore, WHY do you want to submit yourself to a combined 35-40% federal and state tax burden. A better form would be an LP.

However, if they are very saavy...

ww
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