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Microcap & Penny Stocks : Advanced Encryption Technology (AETI) Goes Public w/a Bang
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To: R.Lui who wrote (399)11/5/1998 12:13:00 PM
From: Sai P. yandamuri  Read Replies (1) of 518
 
Lui & Others, I missed the conf. call as I was busy at work. I have just gone thru your messages posted here with regard to conf. call. I have few questions and Pl. reply me if you know answers :

(1) How can MS no threat to AETI ?! AETI may have a superior product but MS is the marketing KING. Unless AETI try to partner with GIANTS like MS, IBM, SUN etc., How are they going to market to Fortune 500 companies ?
(2) Was Mr.Fox present in Conf. call ? Did anyone ask how is he going to backup his statement made in June, "If AETI can serve the demand for their products, they will be making $3 mil+ in 120 days...". From his statement, We are over 120 days now and did AETI made $3 mil during this period ?!
(3) When is AETI releasing AUDITED FINANCIALS for fiscal'98 ? What are their estimated revenues for fiscal'99 ? What is their REALISED REVENUES so far this year ?
(4) When will they move to NASDAQ from OTC ? Is there a possibility that AETI's shares may get diluted further ?!
(5) Who is FUNDING for their current operations ?
(6) If AETI's technology is far superior to competitors, Why can't they approach major Investment houses (such as Goldman Sachs etc) unlike some of their competitors such as ISSX ?

IMO, BB stocks are fully HYPED and AETI is no exception to this rule.This company has A LOT TO PROVE and has A LONG WAY TO GO before any of us even think of buying more shares!!!

Thanx,

Sai...
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