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


To: Sid Stuart who wrote (581)6/8/1998 5:17:00 PM
From: RAY BARBER  Read Replies (1) | Respond to of 3383
 
I don't have any idea what the engine production in the U.S. might be. Frankly i don't even know how many engines are produced in my industry. I heard the numbers of $20,000,000.00 for a license fee and a royalty of $100.00 mentioned at the demo in L.A. I do know that manufacturers spend many times this amount when they set out to develop a new engine. If this engine truly is patented in the U.S. and is adopted as a uniform design for all or most of the engines built in the U.S., residual profits should roll in for years to come. Lots of ifs but that is what inventions are, a product to fill an existing need.
I agree with you about some of the language. Grown men can talk any way they choose, but vulgarity doesn't add much for me.