SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?


To: wonk who wrote (357)5/29/1998 8:51:00 AM
From: Arthur Radley  Read Replies (1) | Respond to of 3383
 
To All:
Go to the MetaCrawler site just below the stock quote section for AENG. Enter the site and find the Featured Writer Section and read the Inside Scoop. Before doing this, if you are long AENG, I would suggest that that you sell, because this "baby" is going to turn into an "Otis" (as in elevator)and is going DOWN.



To: wonk who wrote (357)5/29/1998 12:06:00 PM
From: 246810  Respond to of 3383
 
I was through posting until I saw wireless_wonk's latest post. Wireless, you have done your research well. The MOST IMPRESSIVE post of all. You covered every base and hit every nail on the head. When TLC arrives you will receive a gold plated, oak mounted BAWK!

Also, to Texas Dude, lonnie, Auric and bullrider and all the technicians, again thanks. You are the posters who will keep our "SI brothers" from losing their shirts. Next time we must act faster, but I know the research takes time.

It is also interesting to watch the three or four posters who ALWAYS line up behind Greg with either very naive or very contrived deflections away from the main issue, the performance of the engine.

Thanks again.

246810



To: wonk who wrote (357)5/29/1998 12:15:00 PM
From: Greg Cummings  Read Replies (2) | Respond to of 3383
 
Wonk, I'm impress with how well you keep track of my posts. That's very good!

I've never talked with Mr. Shelby, but I've talked with many people who've spoken at length with him and I stand 100% behind the statement that Mr. Shelby is 100% behind the engine. What does he need to do to prove this to you? Look at his own words on AENG's web site.

Information regarding Mr. Hunt has been available on the web site for quite a while. I guess I assumed (incorectly) that you could locate it on your own.

You are correct, I wasn't aware that the villain in the James Bond movie used the first name, Auric. Thank you for the education. Why are people so afraid to use their correct names on this board? Do people have something to hide? Wonk, why don't you answer this question for us?

I've been an investor for many years, but I was exposed to it at a very young age.

Are there any other questions? Did I answer them all?
Oh yes, when I was in grade school, I learned the lesson of NEVER giving away a source. Have you learned that one yet? I've never located inside information, but maybe one day I will. Did you know it's not illegal to possess inside information? It becomes illegal only if you trade on it. That's a line I would never cross, even if I could. Would you?

Anything else?

Bullrider, I'm honored to have my name on your list. From your position, I'm sure you look up to those on the list. Thank you for the nomination.

Best of Luck, Greg



To: wonk who wrote (357)5/30/1998 2:49:00 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 3383
 
Bond: Do you expect me to talk? Goldfinger. No Mr. Bond, I expect you to die.

Thank you wireless wonk for spending the time to go through the entire rope (it's not a thread anymore) and providing the clear evidence of Mr. Greg's deceitful nature.

My words have been much maligned and very few have taken the time to sort the truth out. Obviously there are some interested parties on both sides of the coin. My view is what it is and I speak with market action. Should I have waited until the market cap got to $1 billion instead of $« a billion?

With what must be by now less than $1 million in cash, no evidence of any patents, huge insider selling and a prior history of "pump and dump" by both Mr. Bailey (at least 2 prior companies as detailed in earlier posts) and Mr., TRAV who has done so many that one losses count (in my opinion), I just couldn't hold myself back. One never knows when these guys will fold up their tents and disappear in the dark of night.

Re Mr. Shelby, one should read my posts before they come to the conclusion that I have doubted the man himself. I stated that "I can also say with personal knowledge that Carroll Shelby and crew may know the man, but have no idea how much Murray is abusing their name.(#281)" When I said this, I was speaking about the boiler room sales pitches regarding Mr. Shelby's involvement. If that was not contextually clear, I apologize. Granted that Mr. Shelby is a legend. He is a brilliant marketer and racer. He most assuredly is not a financier. He is a very capable man who has done much in his lifetime. He,if any of you know has better things to worry about than misquotes on this tread as he is not well. Therefore, leave the man alone!

I defy any one of you to show me a company with a stock price over $5 per share that has a price to cash of 500 to one and has one employee and no patents (hell, I'll even take a biotech company). Or even a price to book of 500 to one. Say for examples sake that the engine is real. Then say that AENG gets real management (nothing personal Murray). Now say that they want the SAE (that's Society of Automotive Engineers, Greg) to independently verify HP, torque, CO, Nox and all of those other variables necessary to get customers and other things tied to reality. All this takes cash. Do a pro-forma financing calculation. If you were going to put $10 million in cash into this thing would you be willing to do it knowing that A) you'd own less than 5% and B) that it takes more like a $100 million just to get going? (ie you'd be diluted as much as the prior round).

Anyone here ever heard of Rosen Motors, the hybrid engine company that threw in the towel after chewing through almost $100 million. Well let me tell you, the Rosen brothers have a combined IQ greater that a Wilson and they put up most of the dough. Ever heard of Sevin Rosen? Yes, that Rosen who was the venture investor who seed financed COMPAQ! Same guy.

The point is, boys and girls, even if Murray had what he said he does, you would all get diluted beyond belief! And guess what, he would have a real investment banking firm! One that published research reports that didn't allow insiders to sell the stock while they were touting it. Do the math! It doesn't add up at all. Forget about hoping wishing and praying. You guys need to get a dose of reality.

If this thing is so great, why has TRAV, the great pump and dump behind this stock (in my opinion) not published a research report? This is a big question. Even TBDRF, which has no street investment banking relationships to speak of, has at least had several good reports written about it. Not only that, but its CEO, Walter Warre, is willing and able to hold his own in a room full of knowledgeable investors and analysts.

As one who preys upon this type of fraud, I can say that there is a time to get involved or you miss the boat entirely. Remember that this is a bull market. It is much easier for me to lose in this type of environment if I don't have my story right. In this case, it seems pretty clear that I do and the price decline coupled with the volume dry up gives me more conviction. Having seen these characters do it several times before, one gets the confidence to hit the bid some more.

PS: Greg do you know what the 3rd derivative of distance with respect to time is? It's the JERK! See, you learn something every day.