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

To: RAY BARBER who wrote (587)	6/8/1998 10:45:00 PM
From: john griffin	Read Replies (1) \| Respond to of 3383

There used to be approximately 10,000,000 cars per year. Let's guess-- Fee $10,000,000 for rights then 5% fee per engine with cost of $2000, say they get 20% of market. !0,000,000 x $2000 x 20% x %5 = $200,000,000 per year Consider 20,000,000 shares, then we have $10 per share earnings per year. At a PE of 10, we have a $100 stock. Also we have all the other engine uses ATV, lawn mowers etc which total more than car engines, but cost less, therefore lower fees per unit. Will this help start a discussion---John