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Technology Stocks : Advanced Engine Technologies (AENG)
AENG 0.00010000.0%Nov 7 9:30 AM EST

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To: Sir Auric Goldfinger who wrote (292)5/27/1998 1:53:00 AM
From: Greg Cummings  Read Replies (3) of 3383
 
I picked up the phone this afternoon and called Patterson Travis Securities. I spoke with Mr. David Travis. I told him about some of the posts on SI and asked if I might have his e-mail address to pass some posts along. I requested that he e-mail a reply at his convenience. This evening, it arrived. What a great post this will be. I think I'm going to print it, frame it and hang it on my wall. Here it is in almost it's entirety. I've remove some of the words used to describe certain questionable people posting on this BB. They are the same people that I've referred to in recent posts as being less than accurate. I'll leave it up to your imagination to fill in the blanks. Mr. Travis will be an excellent connection as things unfold for AENG.

Mr. Cummins,
I was called by a number of people regarding what is being said on the
Silicon Investor Board. I was sent copies of many of the posts and based on
what I know as the FACTS, find these posts very enlightening. I will
give some of you credit for being very astute as to what is happening.
Let me take off my professional hat and put on my street hat so that I may reply
to the individual that is placing some out right lies in hopes of getting
shareholders to panic and sell. I can attest to the fact that Mr.
Bailey has not freed up one share of stock. As for the Travis family,
what the hell does this _____, _____for the short seller know? I
can tell you this, we collectively own more shares of AENG today
than we did before.

Let me give you some background as I personally have been in the
trenches on this battle with the short seller. Short selling is not
bad. There are a lot of worthless companies that deserve to be
shorted. But once you fail to achieve your goal of knocking down a
stock you're shorting, it's going beyond the line when you bring in a
_____, _____ like Goldfinger to do or say anything to TRY to achieve your
goal. Ask Goldy about the short squeeze on IBUY. Is it coincidence
that Goldfinger was the _____ on that board saying to short the stock?
The stock that the shorts took a stand at $14 and got bought in at
$39. Goldy was right there trying to do the same thing for the
shorts. A trader from a large company told me about Goldy and IBUY. Also, he
said his firm was positioning in AENG and would be joining us on the
bid after they initiated a position. Ask Goldy about someone
claiming to write a story named Chris Byron(? on the last name). His
number was given as 203-222-0650. Mr. Bailey remembers specifically
mentioning Forestec (the old company Mr. Bailey was in) to him. According to Mr. Bailey, that is the first time that name has come up in over a year. So who else but a plant
for the short sellers and a "reporter" for hire could have put that in his post?

As for the corporate holders that freed up stock, they did so at my
urging. Even at 2.5 million, this is a small float for large
investors. The company needs more free trading shares to attract the
large institutional investors that have indicated they would like to
take a position, if the float wasn't so small. The corporate holders reluctantly agreed
or else the float would still be below 2MM. Even now I am trying to get
them to free up more shares to accommodate some large investor interest, with
no luck I might add.

Now, about those retail short sellers. It is against
the law to short AENG in a retail account. Please be my guest and call the NASD and ask if a retail account can short a nonmarginable BB stock. Any firm doing so will be
in violation. And who is Goldy kidding? In my opinion, if he isn't working full
time for a short selling brokerage firm, he's being paid to act as a
front. Only someone from this business, usually from the trading side,
would use the term "print" when making reference to an order execution.

Please let Mr. Goldy know that Mr. Shelby is quite aware of his
own ACTIVE role in AENG and it was told to the SEC today. You see one
of the final acts of an unethical short selling firm is to try to get
the SEC to halt trading in a stock. It works if the company is
fraudulent. Even a ____brokerage house can get a halt in a bad
deal. Goldy, your _____house failed. The SEC called Mr. Shelby
and he confirmed everything they asked as the ABSOLUTE TRUTH! Now
Goldy, what happens to a _____house when their lies, or liars
for hire, are found to be just that by the SEC? Speak of a tarnished
image! You see Goldy, I agree with Mr. Shelby when he says that
this engine will revolutionize the engine industry. I am on the bid
buying AENG. I must say I have received a lot of support from a
number of substantial investors and some much larger firms.

Is AENG taking this sitting down? Don't think so! There are a number
of major corporations in discussions with AENG. I have made the
suggestion to the company to put a clause in any agreement precluding
any investment banking or corporate relationships with a particular
junior firm trying to act respectable in the corporate finance arena.
When it comes to either having the engine or doing business with a
particular firm I know how I would go. So, have the trading room pass
that up to the ivory tower, which by the way did not know of this
matter. I think they will be made aware of it before the end of the trading day
tomorrow.

So Goldy, are you going to tell us who you work for or are being
paid by? Was it you that tried to get the SEC to halt the stock? Is
the SEC watching this Board? (The answer to the last question is yes, because I told them
about it today.)

As for the status of the marketplace, I will give everybody a chance
to see for themselves. AENG has ordered the DTC sheets for the stock.
This gives all the positions, long and short, for each firm. Greg,
if you will send me your FAX # I will FAX you the copies and you can
post them for all to see. Patterson Travis, Inc. has nothing to hide.

Well Goldy, you know who I am, where I work and where I stand. I
don't hide. Call me, identify your real self, let us know who you
work for or are being paid by. For once in your life step out of the
_____ _____ and be a man.

Greg, you can print all or portions of this. I ask that you eliminate
the email address. I am also making arrangements so that you can
speak directly with Mr. Shelby to hear and report back the truth.
Something that _____ hasn't a clue about, the truth that is. See
you all in the market tomorrow.

Regards,

David Travis
President

********END*********

I love this!

If you'd like to pass along a few questions for Mr. Shelby, I'll be happy to ask.

Best of Luck, Greg

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