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Gold/Mining/Energy : PYNG Technologies

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To: Jack Rayfield who wrote (7434)	7/24/2005 9:17:53 PM
From: kimball93	Read Replies (1) of 8117

jack earnings I think where we differ is in that I am assuming margins will be much better than their 65% from last quarter. Their PR where they announced 137k on the bottom line for april said as much. "This superior profit can be attributed to a major increase in gross margins generated from internal production and engineering enhancements in concert with increased unit sales and price increase." I am figuring the gross has probably grown to somewhere near 80% which would allow expenses of 425k to make those theoretical numbers. I guess we will see but I am putting alot of stock in the numbers they announced for april. Obviously I really really hope your numbers are wrong.

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