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Technology Stocks : Advanced Engine Technologies (AENG)
AENG 0.00010000.0%Nov 21 9:30 AM EST

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To: George A Moore who wrote (1709)8/4/1998 11:12:00 AM
From: Harry J. Finn  Read Replies (2) of 3383
 
George,

You have missed a lot coming in late. There are some here that want to ignore everything and just make one dishonest statement after another then never back them up and there are others that do want to discuss what is.

I have discussed this with AENG. They knew from the start the auto industry would probably the last area to look to change. Other engine users had a much greater need for change because of legislation current and pending. That was the original focus of the company. Not excluding the auto industry, but not expecting them to move very quickly. So with other industries with more pressing needs they were the ones that the company expected to be more receptive.

Along the way Mr. Shelby got the chance to kick the tires so to speak on the engine and became a believer. He is running with the ball for the OX2. His expertise and contacts have changed a lot when it comes to the auto industry. Doors there began to open wide and the calls started flooding the company from numerous companies.

AENG's current focus is still on the many other markets for the engine. Shelby is concentrating on the auto industry. What the relationship with Shelby has done is move up the auto industry possibilities by years. However, the biggest potential for the OX2 is in the many other engine uses in the world. Don't get dragged into the misconception that the auto industry is a make or break situation for AENG. With Mr. Shelby's involvement it has the opportunity to come to fruition sooner. However, I am expecting that AENG will be signing contracts with other types of engine mfg. in the near future. That interest and need is much greater.

I hope this clears this auto or bust thing off the table.
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