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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?

To: Judy Muldawer who wrote (236)	5/21/1998 11:32:00 AM
From: Greg Cummings	Read Replies (3) \| Respond to of 3383

Yes, there were communication problems that prevented wide disbursement of yesterday's news. I don't believe yesterday's fall was caused by institutions taking profits. My info tells me that major short selling began the slide. Of course, it escalated as the shorts fulfilled their dream to cause panic selling by individual investors (and maybe institutions). Personally, I doubt if there are many (if any) mutual funds in AENG. There are very few mutual funds that would buy a bulletin board stock. I strongly suggest that investors holding shares (long) in their brokerage accounts............contact their firms and tell them you want (at the very least) a pledge from the firm that your shares will not be loaned to someone or some institution shorting your stock. If they don't give you this assurance, there's only one thing you can do to prevent your shares from working against you.........tell your broker you want your AENG stock certificates mailed to your address immediately. Now, there are complications to this request. You may incur a cost and your stock certificates will be in your possession and not your brokers. This can prevent the rapid sale of your stock, when you decide to sell, since most firms want the certificates in house before they're willing to make the trade for you. Also, you must keep your certificates safe. This removes the possibility of your shares, which you hope will increase in value, from being used by a short selling institution to destroy AENG's value in the market place. I've never understood why the SEC doesn't simply allow (say as an example) an X to be placed at the end of your account number if your instructions are that no securities in your account can be used by short sellers. This seems simple enough and it would prevent the need to take possession of your shares...........which can be a pain in the.........while accomplishing your goal of keeping the Shorters away from your hard earned shares. Kind of like keeping the vultures away or the burglar off your premises, etc. I hold no high regard for shorts. I'm sure of this...........when the shorts cover, the stock will rapidly move higher. Personally, I hold my AENG certificates in my safe deposit box at the bank. I will not assist short seller in their desire to damage my investment. But, I intend to hold my investment until 1999. I want to give AENG sufficient time to prove itself. The potential of this engine hasn't changed since the stock was trading at $27, except...........the potential may be greater. I'm seriously considering buying more. The stock is too low......... Of course, these are just my suggestions and opinions. Best of Luck, Greg