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Gold/Mining/Energy : PYNG Technologies

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To: scott dier who wrote (1218)	3/19/1998 5:03:00 PM
From: the Chief	Read Replies (1) of 8117

Hi Scott. It was the statement I had problems with, and your attached "panic", which is not healthy for any stock. Your educated guess was that the Release +no NBC was going to cause a "freefall". It did not, in fact some people made .60c that day. The resultant fall the next day was from profit takers, which to be truthful, I did not expect in such large volume. However, using the numbers that are floating around this thread for shares outstanding, I assumed that all "shares" were accounted for, in the last three trading days! So who is selling? Could it be that insiders are ? I don't know. Could it be the initial financiers of the company are selling ? I don't know. Could it be the daytrader that bought on day 1 &2 (after 6.70) are putting the downpressure on the stock ? I don't know. You said:Unless we get some orders really quick, we are heading south fast! We certainly agree on that !!! the Chief

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