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


To: 246810 who wrote (686)6/12/1998 11:14:00 AM
From: Batman  Read Replies (1) | Respond to of 3383
 
Heee's back! Been away for awhile and haven't had time to read all the posts but I can see the "Soap Opera" scenario still holds true here. I have done plenty of research and I have found that the uninformed investor has a chance of losing if he follows the "Tarnished Fingers" way of thinking. I also realized that people like Mr. Travis, Mr. Shelby, and Mr. Teague are professionals and much too busy to be on this site. My investment lies in the hands of these professionals and not some 2nd class broker trying to make a buck. The old saying "If you can't dazzle them with brilliance, baffle them with bull____" seems to prevail as far as "Tarnished Finger" is concerned. The numbers and the OX2 will speak for themselves...good things are happening...and I hear the BBQ in Denver will be BIGGER AND BETTER than last weekend!!! PARTY HEARTY!!!



To: 246810 who wrote (686)6/12/1998 12:35:00 PM
From: Greg Cummings  Read Replies (1) | Respond to of 3383
 
Boys, I'm honored with all the attention. Thanks so much! Two simple facts (IMO) remain:
1) The engine, patents, etc, are real and the simple test of time will prove this.
2) When this bulletin board began, anyone (including you) could have purchased AENG for weeks between $6 and $7. Now the stock requires a purchase price of nearly $20. That's a gain of approximately 200% in just over 3 & 1/2 months. When was the last time you received such good investment advice?

The Moaners seem to be those who are still sitting on the sidelines or those who have shorted the stock. I imagine it's painful watching from the investment sidelines and wishing you'd taken the advice. The Shorters are another story, but they took the risk and now they feel the pain.

There's good news though........In the long run and from this level, AENG's stock is likely to do very well!

As far as the horrible crime of name calling that I'm accused of........I stand 100% behind every word I've placed on this BB, including the names. I believe in calling a mole, a mole, etc. What truly amazes me is the support that a liar receives. I'm sickened when I read a post where they refer to themselves as my (Greg's) "friend." What an insult! Any retractions I've wanted to print, have already been printed.

"Counts by 2" loves to imagine that I'm pretending to be 99 other identities on this BB. So I'll state AGAIN, I've never posted under any other identity than the one listed at the top of this page, and I don't have a clue who Batman, Artic, Plummer, etc. are. Counts by 2 has great difficulty with the English language. If I told him I was posting under 2 identities, he'd probably end these accusations and assume I wasn't. Regarding AOL, I've never posted under anything but my single, original and ongoing identity. Are we clear on this YET or will I be required to answer this same question again next week?

Personally, I call the recent tactics by the far side, "Grasping at
Straws." But, I guess if that's all you have to grab, it makes sense.

Recently, someone asked a question about why the short is in trouble if they shorted at $29 and the stock is now in the $20 range? A very good question! If the short had sold a few shares at $29 and watched the stock fall, they'd be camping happily and experiencing no pain. Unfortunately for them, they weren't happy with a minor gain. They smelled blood and the dogs went crazy. So they shorted and shorted and shorted! Who was sitting on the offer for many days when the stock was at $13? Fannystock was on the offer selling shares to whoever wanted to buy them. If you were lucky enough to buy at $13, it's extremely likely that Fannystock shorted those shares to you. Not a brilliant move, but their nose kept telling them that blood was in the air. If I wanted to guess, I'd estimate their average short is below $15. With the stock trading near $20, this isn't a pleasurable experience for Fannystock. I don't mean to imply that Fannystock is the only short. It's likely there are others, but they're likely to have much smaller short positions and feeling less pain.

FEEL THE PAIN!..............And the game plays on........

Best of Luck, Greg



To: 246810 who wrote (686)6/13/1998 1:06:00 AM
From: 246810  Read Replies (2) | Respond to of 3383
 
I'm confused. Which Monday is dooms day. Last Monday, the one before or next Monday? I think someone is blowing smoke about the shorts being in trouble. Every time they say that, the stock drops. Now that the character assination has started again, I feel it necessary to bring a civil post from AOL:

Subject: My Two Cents
Date: Thu, May 28, 1998 01:26 EDT
From: ChaoPene
Message-id:

For those of you about to invest in AENG, please consider this post as the product of somebody who has now waded through so much false and misleading information, and what I call "absent" information regarding AENG - that I think it should be shared.

First, let's talk about AENG's engine. Revolutionary? Perhaps. It has been demonstrated - according to AENG's website - before manufacturers such as Caterpillar, Kohler, and Evinrude. It has also been shown to NASA. Motorsports legend Carroll Shelby has inextricably linked his name with AENG through what amounts to a partnership agreement with AENG. This is all good news, except for a few things that have bothered me since I began looking into AENG.

These are, In no particular order:

1. No independent testing figures anywhere. A poster here and on the Sillicon Investor website, as well as a company press release, indicated that the University of Wisconsin would "test" the engine. That usually indicates a host of relentlessly precise laboratory work usually under the watchful eyes of tech-savvy people hired by the bigger investment houses. The reality was far less: UW just saw a "demonstration."

2. Kevin Travis of Patterson-Travis (the brokerage house handling AENG's offering) has assured me that there are patents - US patents - on the engine. I have yet to see a number for them. They may exist, but I can't find them.

3. AENG has not responded to a variety of questions I recently sent to them. A fellow named Greg Cummins and others usually post enthusiastically about response times and good news. I've gotten nothing.

4. On the SI board regarding AENG, I've been reading posts by a newcomer named "Auric Goldfinger." Anybody remeber BRE-X Minerals and the SI threads regarding that? Goldfinger was a prominent BRE-X promoter all the way until Judgement Day (the date of the release of the Strathcoma Report that showed BRE-X to be a fraud). The fact that this guy is attacking the stock usually indicates to me that his position - and his relationship with Fahnstock, an
East Coast brokerage house that has been shorting the hell out of AENG - is perhaps well-assured. Unfortunately for AENG and its investors, I have examined some of his statements regarding recent offerings handled by Patterson-Travis and his allegations that PT has made bundles off some worthless stocks has rang true. Though my research is not complete, research into AMPD, which IPO'd in early 1997, shows a price spike and a collapse very similar to
AENG's recent history. This does not indicate that PT handles nothing but dogs; Kevin Travis has explained in detail and with some corroboration what has happened to AENG's valuation recently. But it remains to be seen if those now holding AENG at $12/shr. who bought in in the $20's will have the stomach to not sell and give the shorts the shares that Travis says they need by Monday.

(I will spend some phone time today getting opinions of PT and AENG from some East Coast money. I'll post when I do.)

On the pro side of this stock, however, and despite the insanity building for the end of this week if Fahnstock can't present all the shares it has shorted, there are indicators that the OX2 engine may be for real. There have been successful demonstrations before big companies, the US Army, and a couple of news stories. A racing legend is involved. But there are things that need improvemnet, to say the least, if investor's are to establish themselves
as longs and displace the shorts and hot money. And to date, AENG hasn't done that well. In short, if this is the pinnacle of the internal combustion engine, why have its developers and primary financiers allowed it to be ravaged?

Take care,
Scott



To: 246810 who wrote (686)6/13/1998 1:18:00 AM
From: 246810  Respond to of 3383
 
wireless wonk, you genious of the patent searchers: IF there is any value in the concept of stationary camplate energy transfer with circumferentially arranged parallel, common stroke pistons that first patent is a winner. Who is the owner?? Let's get him to comment on AENG!

246810