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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: RAY BARBER who wrote (689)6/13/1998 2:16:00 AM
From: wonk  Read Replies (1) of 3383
 
Ray:

Seems like most of the people on this thread spend their time either trying to get others to buy or sell the stock regardless of whether the engine might have any merit or not. I really don't care whether others are long or short on the stock and it seems to me that there is more behind their actions than simply advising someone about thepositive or negative attributes of the company.

I was/am interested in the engine. Having never invested in a OTC:BB stock and went out to research the company and companies who come public in this manner. What I found is that the OTC:BB can be described quite accurately by this quote from Star Wars:

"You will never find a more wretched hive of scum and villainy. We must be cautious."

As with most BB stocks, there are too many unanswered questions: too much hype, too little fact which can be verified from legally accountable sources.

I have never advised anyone to buy or sell, notwithstanding the fact that I have made my doubts are quite clear. A stock can be an investment if held long-term, or a bet if you are trading. If you've taken your profits, great. If you have not, then others will provide you with profits. Those others have the right to the best available information in order to make an informed decision. As to my motives, well I just got sucked into the story and it's become a little addictive.

We know from your research that no U.S. patent exists, is it possible that there has been a patent applied for and it is pending, or would your research bring up pending patents also?

I have no facts to state that the letter from AENG's attorney about a US patent "application" is false. On the other hand, people in the know continue to claim that US patents have been granted. IMO, this is tantamount to fraud.

ww
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