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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: Sir Auric Goldfinger who wrote (2201)11/1/1998 1:38:00 PM
From: Arthur Radley  Read Replies (1) of 3383
 
I also have what I consider a serious question about the future prospects for AENG. I would like a serious answer from those that support AENG here on SI.
Considering that we a quickly approaching the one year anniversary of AENG being a publicly trading company, you would have to believe that they have had at least one year to "sell" this idea/concept to a company that would desire the contract to manufacture this engine. Surely, the supporters of AENG would agree that the AENG concept was not a widely know entity, however in a short time the rumors of pending contracts hit the rumor mill with a flurry. The stocks soars to nearly $30.00 a share on these rumors and I think it safe to say, that the rumors came from individuals with a vested interest in AENG.
Now nearly a year later, the rumors have died done the stock has tanked? What has happened to all of these companies that were signing these million dollar contracts with AENG? Surely they would want a signed contract with AENG so that they would have an exclusive deal as it will take millions of dollars of investments on their part to tool-up for its production. Rumors Up! No Rumors Down!
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