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Gold/Mining/Energy : PYNG Technologies
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To: m. jacobs who wrote (4059)6/26/1999 11:51:00 PM
From: Jack Rayfield  Read Replies (1) of 8117
 
Dear Mr. Jacobs

Thanks for the update on Discovery Expo 99. It sounds like you were busy (a package given out every 6 minutes on average is impressive). The Emerging Company Report exposure sounds great. I know that this conference will bear fruit. Will the taped interview with ECR be available eventually on the website or on ViaVid? I have not heard of ECR and I do not think that any of the cable channels in NC carry their program or I am sure I would have noticed it. But if their market is the New York metropolitan area then it has got to be great exposure. I appreciate you sharing comments on the event. I know that I was extremely interested in how it went.

You make a good point about the cash that would be raised if all options and warrants are exercised. As you state this should be more than enough to cover any forseeable need for cash. My point is that I consider these shares outstanding in any analysis I do because I am an optimist. Looking on the positive side I think that before they expire Pyng's stock will be much higher than their exercise price so future EPS must be assumed to be diluted by them.

Could you give us some comments on the SAEM conference in Boston last month? Since there was no news release, I am curious how it went. Obviously it was great exposure of a different nature. It seems that this was the perfect audience to hear the FAST 1 success story. The fact that the poster presentation included such a wide variety of emergency medical professionals that confirmed the performance of the device had to be impressive. I would appreciate any comments you can share that will give some insight in to the conference participant's reaction to the presentation and any new contacts made.

It is good news that FAST 1 is being used as a first line access device in the case of cardiac arrest in some areas. I think that this type of expanded protocol for use if adopted by a significant number of locations multiplies the potential market geometrically. I look forward to Dr. Johnson's comments on this subject.

And thanks again for your posts on this forum. Obviously every development can not be reported in a news release. But I think that this forum provides Pyng with a great medium to keep shareholder up todate on these developments. Also thanks to Dr. Johnson for his timely post stating that the design concept was finalized before the Expo, which is very good news and I am sure this demonstrated progress was invaluable in your discussions with the Expo attendees.

Thanks
Jack
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