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


To: Arthur Radley who wrote (711)6/13/1998 6:27:00 PM
From: Sword  Read Replies (2) | Respond to of 3383
 
TexasDude:

It's interesting to note that OE's engine is just now starting to roll in royalties -- over 17 years after the first prototypes were built and tested. This is three times the amount of time I estimated might be required for the OX2. In addition, the plant costs mentioned in the article below for the engine fab is $750 Million...not too far off from the 1/2 billion I guessed at in my earlier post. Also, Ford and GM decided to drop the engine for domestic production.

Let's say that the AENG team is twice as smart and fast as the OE team. Then we won't see much in the way of royality income for 8 or 9 years.

There is lots of other interesting information in the link below, including reference to the marine engine application area (esp. for Wireless :-) )

Message 4831840

-Sword



To: Arthur Radley who wrote (711)6/13/1998 7:40:00 PM
From: Batman  Read Replies (1) | Respond to of 3383
 
Texas D__k,

Nice try. Why all this misleading crap. What are you trying to get across. Tell us. What is your purpose to make such a moronic statement. What were you trying to infer by comparing OE and AENG in stock price.

Reply # 711
"What is amazing, (OE) trades on the NYSE at $4.00 a share and (AENG) trades on the BB for over $15.00. Is one of these stocks undervalued or is it a case of one of these stocks being overvalued?"

Well, which is it? Does the term market cap. mean anything. Does OVER 320,000,000 shares outstanding for OE compared to 21,600,000 outstanding for AENG have any significance. When trying to get a biased point across an obvious way is to try to get the reader to assume by leaving out key points. Ask Chris Byron, he's a pro at it.

Looks to me based on Shelby and others AENG is still undervalued using an informed comparison of market price with OE.



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.