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Gold/Mining/Energy : PYNG Technologies
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To: lemuel who wrote (7431)7/23/2005 3:50:18 PM
From: naturalperson  Read Replies (1) of 8117
 
Lemuel, that is a very possible motive for increased sales, however I do not think advance buying is the reason for the recent increase in sales. I think so many manufactured and exported items have had to make price increases over the last year (and they say there is no inflation) that it would be very difficult for distributors and wholesalers to buy and stock in advance because it is too widespread, not to say that some buying might have been motivated by this, but I think it would be 10% or less. Also consider that most distributors and wholesalers now stock lower inventories than ever and many operate on a Just In Time inventory system. I think PYNG has finally made real market penetration and since we have not heard any news release about a contract order or bulk purchase from any one entity I would be led to believe that we are just seeing an across the board increase in acceptance and use of this product.
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