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


To: david travis who wrote (892)6/19/1998 1:54:00 AM
From: wonk  Respond to of 3383
 
Mr. Travis:

On June 7th, you sent me a private message. It seemed to have a softer tone.

On June 8th, I responded to you via PM. Should I quit waiting for an answer to the question to you at the end of that message?

Yea right! I want you on my team when it comes times to find and honestly present facts.

If you are insinuating something here, please make your meaning plain.

ww




To: david travis who wrote (892)6/19/1998 11:34:00 AM
From: Brent  Read Replies (1) | Respond to of 3383
 
David,

Why didn't you ever answer my question in post #641?

Why would you sell stock at the $1-4 dollar range when you knew this 'patented' engine was going to revolutionize the world?

And Why do insiders continue to sell?

All:
This is such a farce it is hilarious. There is not one shred of legitimacy to any part of this stock. Under every rock is a problem and an excuse from David and Greg why it is ok.

This is textbook Bulletin Board Pump and Dump scam. First, use a bb stock because the reporting requirements are very lax. Second, have a product that will 'revolutionize' some industry (much easier to sell the stock this way). Third, find a 'pro' who will accept shares for using his name or that actually believes the story. This helps bring legitimacy to some potential investors. In this case it is Carol Shelby. (Keep in mind, I am not saying he is in on the scam, but is being used as a pawn.) Fourth, keep the big contract/testing/demo just around the corner. This draws out the inevitable end of the story. Five, insiders dump their shares and make a fortune. Six, blame the failure on someone else. In AENG's case, I bet it ends up being the engine industry that doesn't want to change because the oil companies are greasing their pockets so they can keep selling their oil and gasoline. Lastly, don't forget the heavy doses of hype in every step.

Let's review AENG's situation.
1. They supposedly have invented the perfect engine. It has solved/addressed/improved every problem with current engines. That in itself makes me laugh, let alone all the other 'issues'.
2. Bulletin Board Stock (Do I really even need to say more?)
3. No US patent number.
4. Claim to hide patent because of copy cats, but publish drawing in Detroit newspaper.
5. Won't go to big 3, want to wait for them to come to AENG. LOL
6. Only have demos, not independent testing.
7. Association with David Travis.
8. Insiders selling.
9. Invented by same guy who invented 'trees that grows while you watch'
10. Demo'd by Australian driving around US in an RV. LOL
11. More effort by company/market maker to hype stock than the actual product of the company.
12. The market maker participates on this thread. double LOL
13. Longs can't refute the shorts claims, instead they call them names. (The post this is addressed to is a perfect example.)

Sure some investors did well (read: got lucky) and rode it from single digits to teens and higher, but many more are going to hurt riding this one to zero.

Again, I am not long or short. I am not some big investor, I am a small potato in Dallas who is having a blast watching this story unfold.

This of course is all just my opinion,
Brent

PS Let the flames and name calling begin.



To: david travis who wrote (892)6/19/1998 11:37:00 AM
From: Sir Auric Goldfinger  Respond to of 3383
 
ORBITAL, DAIMLER-BENZ AND SIEMENS SIGN AGREEMENT
ASX Code: "OEC" NYSE Code: "OE"

STUTTGART, GERMANY: Daimler-Benz, Siemens and Orbital Engine Corporation today signed an agreement
directed towards the application of the Orbital direct fuel injection system on Mercedes engines.

Orbital, Siemens and Daimler-Benz have been working together for two years and have demonstrated that the
Orbital technology can be applied to gasoline engines with fuel economy benefits together with the capability to meet
stringent emissions standards.

Daimler-Benz considers the Orbital system is a highly interesting alternative to the common injection systems.

Matthew Smith, Analyst with CIBC Wood Gundy in Australia said that "Potential royalties to Orbital from Daimler Benz' annual production of 500,000 cars would be about $US 20 million, based on an estimated rate of $40 per engine."

Peter Hatfull, Orbital CFO of OE said: "The automotive industry are saying this is going to be the next step for engines. We've been the world leaders for 25 years"

Lets see 25 years, $238 M market cap. Vast amounts of invested capital ($US 99 M=A$161.7M) and cumulative losses to date of $US 71 M with a current book (that's total equity, Greg) of $US 83M.

So what we have here in Orbital Engine is a company that is coming into its own after 25 years that might be profitable for the first time. It has chewed through just shy of $100 M in capital to get where it is over 25 years. It has a US market cap of $238 M, so that's a price to book of 2.9X. They've got cash of $US 15. So that's a price to cash of 16X.

So where are we with AENG? Total Valuation of $375 M (more than a not really comparable Orbital Engine that has spent 25 years to get where it is today?) Price to cash of >375X (since Murray raised $1 M earlier, but the Winnebago doesn't get very good gas mileage). Price to book of >375X or more. So on a comparable ratio basis; AENG has a price to book multiple of 129X that of OE? Gimme a break.

Get off it TRAV, "the Company doesn't need any more money", IF and there seems to be a huge question on that, AENG ever got anything going, there would be a huge need for capital. Thus, massive dilution. But, you won't be around for that will you?



To: david travis who wrote (892)6/30/1998 12:47:00 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 3383
 
TRAV, Murray having a few problems with the car demo? It's a week late already and it looks like another 3 weeks doesn't it?



To: david travis who wrote (892)7/2/1998 12:31:00 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 3383
 
We're still here TRAV, so you're wrong on the guess. Now only 11 Market Makers left (that makes it easier for you to guess, no?) So the liquidity dries up. I would imagine that by now Ray Burbeler and Haaareeee are starting to see that the only things that come true re AENG are the exposes' on how a questionable broker dealer pump and dumps a stock. You're providing them with a class education on the subject, eh TRAV?

All of the above in our opinion. All rights reserved, Auric Goldfinger.



To: david travis who wrote (892)7/15/1998 11:15:00 AM
From: Sir Auric Goldfinger  Respond to of 3383
 
Pumpanddumporama: Gwen and Bryan Smith file to sell 5,000 shares of AENG. They live at 7 fig Tree Court, Australia (no city given). Surprise of surprises, they used TRAV.