To: Arthur Radley who wrote (711 ) 6/13/1998 7:58:00 PM From: RAY BARBER Respond to of 3383
You are absolutely correct about the two companies. As to which is over valued I certainly have no idea and wouldn't get into a discussion about each company's merits, since I don't have enough information on either company to make that judgment. I read the post from Greg, as I'm sure you did, and while I don't agree with many of the things he says, he's absolutely right about the market capitalization of the two companies. As I stated, I'm in the Marine Business and have sold a number of the Mercury engines with Orbital technology. The only reason Mercury is using it is because of the mandate by the Federal Government that the industry clean up its engines. Both Outboard Marine Corporation and Mercury have licensed the technology from Orbital. OMC bought a German company that has the "Ficht" technology and is producing engines with that technology. It seems the Ficht technology is much simpler and cheaper to build and in fact might be the better design. Both are complicated monstrosities. Neither of these engines could compare to the engine I saw demonstrated by AENG ----IF----- the engine does the things that seemed to be evident at the demo. I don't have a bone to pick with anyone who is on either side of this issue. For those who want to sell short, fine, sell short. For those who choose to be involved in the stock with a long position, that is great also. If there is somebody out there who wants to bash me, go ahead, this is a public medium and I don't have to be on it if I don't want to, but I will not do a return bash. I thought Greg's comment about the stock that sold at $21.00 per share was interesting. I can't think of any reason for anyone to pay way more than the market unless they were covering their short position. What do you think.