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.

Microcap & Penny Stocks : Advanced Encryption Technology (AETI) Goes Public w/a Bang -- Ignore unavailable to you. Want to Upgrade?

To: R.Lui who wrote (399)	11/5/1998 11:15:00 AM
From: Moosie	Respond to of 518

Hi R.Lui, Just a couple things to add from the call. These are not quotes, only my own recall and some short notes taken during the call. I did call the conference call center asking if a replay was available, there isn't but the Columbia Financial Group did have a recording made so they might replay it for you. I didn't time it but I think it lasted about half an hour. >Ken Andruski, President of AETI Canada discussed his background in the field, both military and private industry >AETI has 11 people working in Canada on Research and Development. >In Ken's opinion the biggest difference between his product and all of his competitors, is it's very user friendly, it's transparent meaning it's working in the background with nothing in view, all of the others interrupt the work in progress to ask the user to make selections and generally get in the way. >interest from China,Siact(NYSE), Netherlands Military, 5th largest bank in U.S. > Ken discussed that the Royal Bank connection could have a major impact on the sales of the unit. He felt that if one major bank comes on board, it could lead to the other major banks buying the product as well, not just Canadian banks either, major U.S. banks as well And for anyone who's interested here's a pretty good page about FIPS-140-1 csrc.nist.gov moosie

To: R.Lui who wrote (399)	11/5/1998 12:13:00 PM
From: Sai P. yandamuri	Read Replies (1) \| Respond to of 518

Lui & Others, I missed the conf. call as I was busy at work. I have just gone thru your messages posted here with regard to conf. call. I have few questions and Pl. reply me if you know answers : (1) How can MS no threat to AETI ?! AETI may have a superior product but MS is the marketing KING. Unless AETI try to partner with GIANTS like MS, IBM, SUN etc., How are they going to market to Fortune 500 companies ? (2) Was Mr.Fox present in Conf. call ? Did anyone ask how is he going to backup his statement made in June, "If AETI can serve the demand for their products, they will be making $3 mil+ in 120 days...". From his statement, We are over 120 days now and did AETI made $3 mil during this period ?! (3) When is AETI releasing AUDITED FINANCIALS for fiscal'98 ? What are their estimated revenues for fiscal'99 ? What is their REALISED REVENUES so far this year ? (4) When will they move to NASDAQ from OTC ? Is there a possibility that AETI's shares may get diluted further ?! (5) Who is FUNDING for their current operations ? (6) If AETI's technology is far superior to competitors, Why can't they approach major Investment houses (such as Goldman Sachs etc) unlike some of their competitors such as ISSX ? IMO, BB stocks are fully HYPED and AETI is no exception to this rule.This company has A LOT TO PROVE and has A LONG WAY TO GO before any of us even think of buying more shares!!! Thanx, Sai...