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Gold/Mining/Energy : PYNG Technologies
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To: Bernard Elbaum who wrote (405)12/3/1997 9:37:00 PM
From: Steve Taylor  Read Replies (2) of 8117
 
Agreed with end of year profit taking,
however, it is difficult to believe we are as close as we think to major sales with the stock price down around $1.00 (US). By this point in the process, most biotech stocks I have followed are usually moving up aggressively on hype and expectation, and supporting a stock price manyy multiples of PYNG's current price, even when trial outcomes remain highly speculative. It is curious why this is not occurring, especially when this product appears so promising and trial results are so near (and one would think almost guaranteed to be favorable).
Steve
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