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


To: RAY BARBER who wrote (723)6/13/1998 8:14:00 PM
From: Sword  Respond to of 3383
 
Ray: Got it. We've been interleaving our messages. I only wish I'd also had a chance to see the engine in person. This is a fun discussion!

Can anyone explain the after hours large block trades at $21? Auric, David? (Please do it civily, guys. :-))

Message 4853141

-Sword



To: RAY BARBER who wrote (723)6/15/1998 2:48:00 PM
From: RAY BARBER  Read Replies (6) | Respond to of 3383
 
TO All:
This thread has deteriorated to something less than a forum on the merits of Advanced Engine Technology.

To those who care:
1. My real name is Ray Barber and all my postings have been done in my real name.

2. I am a stockholder who purchased stock before the stock ever went public, have retained that stock and purchased more at up to $16.00 per share. I am in for the long haul.

3. I am the only one on this thread who admits to seeing the engine run at a demonstration designed to show the attributes of this engine.
I saw this demo at Carroll Shelby's shop in L.A. and was more than impressed with the engine and the inventor, Steve Manthey. The people at this demonstration that I personally talked to included Carroll Shelby, Bob Teague, and Bobby Allison of NASCAR fame. All were genuinely impressed with the demonstration.

4. There have been a number of negative comments about Murray Bailey. Murray, in my opinion, has done a great job of getting in to various companies to demonstrate this engine. Who, among the naysayers that are on this thread, could have accomplished this feat? Murray's job was to promote the engine, what else has he done.

5. I met Murray, David Travis, Carroll Shelby, Bob Teague, and Bobby Allison at the L.A. demo. I had never met, or even had a telephone conversation, with any of them before that time.

6. I have known David Jones, president of Outboard Marine Corporation, for many years, and he told me that he was impressed with the demo he saw at OMC.

7. While research by others on this thread have not turned up any U.S. patents, I believe they do exist. The company says they have made these patents difficult to find, and I believe them for the following reasons. (a.) If a company should put out the information in the public domain (web page) that is blatantly false, it could and would be construed as fraud. (b.) Why would any company provide demonstrations and drawings to companies in the U.S. without having patent protection? (c.) An Australian patent has been noted on this thread, so why wouldn't those same folks make the effort to get U.S. patents. (d.) Why does anyone think that the company would automatically give patent numbers for others to look at?

8. I have never bashed anyone on this thread and don't intend to start now. I have identified myself, have offered to respond to anyone privately, have stated that I'm in for the long haul, and have not encouraged anyone to buy or to sell short. I enjoyed the discussions that had to do with substance, and keep hoping there will be more.

9. I asked the question concerning last Friday's trade of almost eighty thousand shares at $21.00 per share; Why would anyone buy at above market price except to cover a short position? As of yet I have not seen a response to the question.

10. To those out there who disagree with me. Your opinion is certainly your business and I don't have a bone to pick with any of you. If you have formed an opinion by what has been written on this thread, you may have made a mistake.