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Gold/Mining/Energy : PYNG Technologies

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To: Albert Martin who wrote (707)3/9/1998 9:44:00 AM
From: CycloneTech  Read Replies (1) of 8117
 
Hi!

Another write up in a newsletter "per Spec tives". They recommend caution :-)

<quote>
Pyng Technologies (PYT)
pyng.com
We had anticipated that PYT would move higher this week and it did just that, gaining over $1 at best for the week and closing up $0.47 for the week. It looks as though the stock will quiet down for a bit here, likely trading in the $3.50 - $4.50 range for this week. That is a pretty good range, yielding an opportunity for the day traders out there. Go to their website to get the low down on their medical technologies. However, be aware that at these levels the stock is risky, and, while it may go higher from here, it may also go lower very quickly. We would like to see it find some stability in the $4 range for a while to show that the market has some confidence that this company is for real (never assume anything is for real.)
<endquote>

Let's hope Pyng proves them wrong!!

Rudy
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