Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sir Auric Goldfinger who wrote (827)	6/17/1998 10:38:00 AM
From: micky	Read Replies (1) \| Respond to of 3383

Just went back to "post one" i.e. the start-up post, and did some calculations. If they had, say, 1.5 million in the 504 free trade sale and made $1 million, they sold the shares (could it be to your Trav and friends?) for $.75 and opened at $1.50 -- not bad. (you can do the math). Then all those "insider registered shares" - to both those in as founders and some to those helping get the show on the road -- 21 million. Since December 22, 1,984,800 have been registered for sale (note that these shares are given away, or for services rendered) -- Not a bad way to make a few bucks.... Regardless of the merits of the company and its engine(s) etc. -- this company doesn't seem to have anything to deserve the kind of share price its getting - i.e. sales, revenues, contracts, etc. You always have to worry if alot of stock could be in a market maker's hands... can slowly build the bid when they control all the stock through a circle of "friends" and associates. Don't know the facts here, but IMO looks a little "box"y. Good investing.