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

To: Barry Brugman who wrote (666)	6/11/1998 10:44:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 3383

No further comments, your honor, I rest my case.. "All you need is a real company with real products, real prospects, real news and real investors, and success is sure." "Talk about off-topic! Phil, are you suggesting that these words remotely describe Advanced Engine? I'm so skeptical of this whole "game" that I am suspecting that Auric is one of the gang,and his role is simply to divert everyone from any significant discussion of this "company" and its prospects. It all really reminds me of a three-card monte game..." Now this is getting really bizzare when someone accuses us of actually being part of the Pamplona crowd.

To: Barry Brugman who wrote (666)	6/11/1998 10:48:00 PM
From: Phil(bullrider)	Respond to of 3383

Barry, None of the words in the previous post were mine, except the opening sentence. I found the post on another thread and copied and pasted it. Please review my previous posts. I am a sceptic,too. I would love for this story to be real. If it is, as I have stated previously, after it proves true, if it does, I can still make a fortune. Phil

To: Barry Brugman who wrote (666)	6/11/1998 10:59:00 PM
From: Sword	Read Replies (2) \| Respond to of 3383

Barry: In addition, to my stint as 1.3/1.6 Litre Engine Development Engineer for Ford, I have been involved with one of the big three in the development of an engine vibration supression system while at NASA. The big three exhibit a number of characteristics of which you should be aware. 1. Royalty aversion. Their component costs need to be very small for their margins to stay in the black. This drives them to engineer improvements to get around patents. Unless the patent is considered "fundamental technology" they are unlikely to license it but instead implement an improvement that gets around the secondary patent claims. As far as I can see, AENG owns no fundamental patent on this engine. The most they can probably lay claim to is some innovation on the output shaft (to which they allude). The prior art posted earlier is likely sufficient to get around most royalty payments for any of the essential features of the engine. I'd be surprised if they could garner more than about $5 per engine in royalties. 2. Risk aversion. Development of a new engine for the commercial market would entail over $500 Million in capital investment. Costs would include engineering preliminary design (sorry, it hasn't been done yet with this prototype), dynamic analysis, stress analysis, failure analysis, detail design, fabrication and test of a large number of prototypes, manufacturing tooling, vendor contracts, and a huge dollar investment in a fab and assembly line. This engine is at least 5 years from the stage at which the first engines would be installed in a vehicle sold commercially. This also applies to smaller engine firms who produce engines, like Briggs and Stratton. This company is a long, long way from having any significant revenues from royalties collected from large scale production. -Sword

To: Barry Brugman who wrote (666)	6/12/1998 12:05:00 AM
From: PHG	Read Replies (2) \| Respond to of 3383

Barry: It wouldn't take much imagination for me to reach the same conclusion. The day charts on AENG do not have apparent indicators of many small investors. But if someone choice to make a case of their existence I'm sure that also "could" be portrayed. I just haven't seen such large gains on low volume with any news in a down market. The buying in small volume moves the stock up and is than maintained with little effort till the next move up. I just see little participation in the buying. Since I haven't bought any AENG I'm not effected, just skeptical about what is taking place. You have the same few participants throwing accusations at each other on a daily basis on this site. They have knowledge of trading, and their smart enough not to spend their time on this unless they have motives beyond their words? I almost feel their selling something? ......................Phil....................