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


To: Arthur Radley who wrote (621)6/9/1998 6:30:00 PM
From: RAY BARBER  Read Replies (1) | Respond to of 3383
 
I would much rather talk about projections about what might happen than speculate on all the reasons it might fail. Besides, what's wrong with a little amusement in life?

I was told in L.A. that the guys, Murray and crew, had a plan to show the engine to a group of manufacturers, with the automotive people being last on the list. The reason for the auto companies being last was simply to try to get the BIG companies to call them, instead of vice-versa. They felt like it would be better to be asked for a demonstration rather than for them to ask for one, at least that is what they told me. I don't know whether that strategy has paid off or not. I would say that the crew has done an admirable job of getting in to demonstrate it to various companies. Suppose you were to try to get into all the companies and get all the famous people to endorse a product you were promoting, could you accomplish the same level of promotion? Not many of could. Remember, the L.A. demonstration was among the first to be done, and as far as I know, before they showed it to any manufacturer.