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

To: RAY BARBER who wrote (808)	6/16/1998 12:51:00 PM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 3383

RAY: RE manipulation of AENG: TRAV is breaking the law, it is not just business. That's the difference. TRAV is behaving like a cornered RAT (surprise). Above market buy-ins and related extortion is illegal. IF that is how you do business, fine. As for TACOM, pick up the phone and call the people in my post regarding the Army (that's what we did). As well, call the NYC law firm, you will find their word to be much more careful than an Aussie firm sitting offshore outside the reach of US authorities. As for the justcrawledoutfromunderarock.com website and cable TV hype show, I think you will see the guidelines stiffen on this sort of thing very soon, especially when the correlation between the website, TV show and the "pump and dump" is brought to the attention of the SEC by "investors" who get burned so badly by these shiil setups. Notice my earlier post about the SEC promulgation regarding the end of Form 504 offerings (which is how AENG got "public"). Open your eyes very wide, there is some serious fraud being committed in this stock. All of the above in the opinion. All rights reserved, Auric Goldfinger.

To: RAY BARBER who wrote (808)	6/16/1998 6:09:00 PM
From: Phil(bullrider)	Read Replies (1) \| Respond to of 3383

OFF TOPIC, Ray, as I understand it, the way market makers and specialists are supposed to work, is that they are meant to have a stabilizing influence. To stabilize the market, they should maintain an inventory of the stock they are making a market in and sell on the way up and buy on the way down. I could certainly be wrong, and if I am, I am sure someone will flame me for it. But, now enters short selling. Again, I may be wrong, but what I believe happens more often than not, is that market makers and specialists hold no inventory, and instead of selling when a stock is going up, they are selling short. And when the buying stops and the selling begins they start covering the short positions. I can personally not account for the wild swings in a given issue if that is not the case. The MM's and specialist's, as well as the brokers, make money on every trade. Whether the shareholders make money or lose is of no concern to them. As has been previously posted, most of the MM's and specialists probably have very little knowledge of the company, it's financials, it's prospects, whatever. All they are interested in is trades, because that is where they make their money. I've got to cut this short because of a thunderstorm. Phil I realize I am a rookie investor that is still trying to learn, and welcome all civil comments.