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Gold/Mining/Energy : PYNG Technologies

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To: Edward W. Richmond who wrote (4202)	7/20/1999 11:20:00 AM
From: LOR	Read Replies (1) of 8117

If PYNG is close to REAL SALES they should be Acting Like It! Ed, The "hunker down and hide" from the storm approach might be acceptable to some but I think it would be far more honest and respectable for PYNG management to simply work to IMPROVE their forecasting ability rather then to just leave investors in limbo because someone's ego is to big to swallow a few critiques or due to a fear that they might make another blunder. Lets face it, by now PYNG should have an excellent idea of min./max./ sales levels for the NEXT fiscal year ending Sept. 30, 1999, Rather then putting out a slyly worded PR like the one trumpeting "comercial sales" in 1998 they could easily put out a PR pointing out the factors that could drive sales towards the plus side as well as those factors that could negatively impact and drive sales towards the "min" level. Heck, we do that all the time in our company. Actually, forecasting should already be much easier then a mere 12 months ago. After all, the design is now "finalized" isn't it? And, isn't Herr Jacob's always saying that there really isn't any meaningful competition for the FAST-1? If that is true then he should have nothing to fear in openly divulging sales projections for the period October 1,1999 to September 30,2000. LOR P.S. I admit that I am a "closet optimist" when it comes to the FAST-1 which I still believe "WILL" BECOME a terrific product<<< SOMEDAY >>>. I just hope it happens before my generation is dead and buried.

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