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

To: LIQPLMBER who wrote (697)	6/13/1998 2:28:00 AM
From: wonk	Respond to of 3383

LIQPLMBER: It seems like it would be a good idea to try to market this engine first to a simple application like a lawnmower or weedeater or etc. Ok, lets see how much money AENG will make. Lawn mower costs say $300 retail. Wholesale cost say $240. Cost of goods sold say $170. Of that the engine maybe 30%, lets call it $50. At a 5% royalty (really high), AENG makes gross royalty of $2.50. (Compare that to Sword's estimate of a $5 royalty for a complete car engine.) Admittedly, you have to crawl before you can walk, but how many lawn mowers, weed eaters, etc. do you have to sell to justify the present stock price of AENG, the entire worldwide production - tomorrow? ww

To: LIQPLMBER who wrote (697)	6/13/1998 8:17:00 AM
From: Arthur Radley	Respond to of 3383

Plumber, Your suggestion has a lot of merit and would IMO have a more meritorious result for AENG. However, the facts are that this doesn't appear to be the approach that they are taking. It appears to me that they have a roadshow going that has the sole purpose of selling "stock", not product. Their scattergun approach to me is not a sound business plan, which leads me to think that if they had the revolutionary engine that is being presented to such obscure entities, they don't have a product that any major manufacturer wants. All of this conjecture about multi-million dollar royalties flowing to AENG leads me to only one question....."Where is the first contract"...."Show me the contract, not hyperbole". Trust me! Major engine manufacturers have enough lawyers to work up a royalty contract with AENG and it could be done in a matter of days. Enough time and exposure of this engine has passed, with the current result being ZERO contracts. All just my opinion!