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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: Arthur Radley who wrote (711)6/13/1998 6:27:00 PM
From: Sword  Read Replies (2) of 3383
 
TexasDude:

It's interesting to note that OE's engine is just now starting to roll in royalties -- over 17 years after the first prototypes were built and tested. This is three times the amount of time I estimated might be required for the OX2. In addition, the plant costs mentioned in the article below for the engine fab is $750 Million...not too far off from the 1/2 billion I guessed at in my earlier post. Also, Ford and GM decided to drop the engine for domestic production.

Let's say that the AENG team is twice as smart and fast as the OE team. Then we won't see much in the way of royality income for 8 or 9 years.

There is lots of other interesting information in the link below, including reference to the marine engine application area (esp. for Wireless :-) )

Message 4831840

-Sword
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