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Microcap & Penny Stocks : AURA New Auto Technology On the fast track!!!
AURA 5.870-0.2%Dec 26 9:30 AM EST

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To: Terry D. who wrote (1718)5/24/2004 9:18:44 AM
From: Fred Levine  Read Replies (1) of 1725
 
I have held this POS for almost ten yrs, and have been amazed they held on. My view is that this is an all-or-nothing investment and I'm prepared for nothing.

Initially, they had superb initiative and engineering and stupid-beyond-belief business acumen. E.g., they invented a roaring vest-viberater that hooked up to video games to give "feel". The schmucks then spent 12 million dollars advertising this on the Super Bowl. Perhaps 18 units were sold.

They had inventions up the gazoo and no focus. I don't know how many of their patents are viable now, but they were involved in relection TV, magnetic valves for engines, etc. None were marketable then.

The new regime has ousted the founders and focused on Auragen --correctly, IMO. The shares are so diluted that gains will be limited. Yet I view their chances of making it, based solely on intuition, as one-in-three, and that it will go up 10-20 fold if the Auragen--a damn good product-- flies. I chose to take the odds.

fred
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