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Gold/Mining/Energy : PYNG Technologies

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To: grounded who wrote (7539)	8/5/2005 8:05:20 AM
From: kimball93	Read Replies (1) of 8117

grounded I think our perceptions are pretty similair. I have no problem with them pursuing other areas once they have taken fast as far as they can take it to the point that its a mature product. They are no where near that yet. My concern is they go off in some new direction developing new products sucking up cash and incurring losses along the way. If I was looking for a development stage company I would have bought one. As I see it the company is so small right now that efforts to develop completely new products will suck up enough money that it will blow them back to the stone age of a development stage company incurring losses or minimal profits. That would have me bailing on this one in a heartbeat.

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