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Gold/Mining/Energy : PYNG Technologies

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To: george eberting who wrote (1699)	3/28/1998 2:33:00 PM
From: Andre Bain	Read Replies (1) of 8117

Re your opinion that over $5 is too much to pay for a company not in production. Obviosly that production is not now a question of if but when. F.A.S.T. 1 has the potential to be in every army unit, every ambulance, and every hospital in the world. When it is used it needs to replaced. In times of conflict when stocks usually go down Pyng revenues will soar. I can't prove to you that all this potential will be realized anymore than I can say you're wrong about the stock price, but I have this to say. Dr. David Johnson with a distinguished career in medical device development and evaluation (see Pyng website) did not take stock options and a leave of absence from a paying job as dept. head at BCIT to direct a program that isn't going anywhere. Ditto for his assistant Judy Findlay. Malcolm Chaddock didn't jump from Xillix to Pyng to be production manager for a company that he feels will have few sales.You could argue they do it for the money, but professionals usually want something else. Success. The U.S. military and NATO did not issue stocking numbers for a product they don't expect to stock.You can use logic to figure this one out.I advise you to buy back in because in 6 months $5 will seem very cheap!

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