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Gold/Mining/Energy : PYNG Technologies

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To: Jack Rayfield who wrote (4289)8/9/1999 1:24:00 PM
From: Paul Loucks  Read Replies (2) of 8117
 
On my way out ...

I will wait for a favorable exit point to sell my remaining shares.

Repricing of options is the last straw. Jacobs knew that shareholders did not approve of this action and just does not care. Last time he repriced, he got critical posts from the following people:

1. Mark Calgary
2. 24karat
3. Barry Moss
4. James Harvey
5. myself
6. Edward Richmond (including discouraging words towards future repricing).

Mr. Jacobs responded as follows:

techstocks.com

This link will save him the trouble of having to repost his thoughts. As for the low pay/no pay argument, I just don't care to hear it anymore. Pay them and quit repricing options. I am not saying that it is applicable but an old quote comes to mind "You pay peanuts, you attract monkeys".

Paul
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