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Gold/Mining/Energy : PYNG Technologies
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To: the Chief who wrote (1237)3/19/1998 9:06:00 PM
From: The Warrior  Read Replies (2) of 8117
 
Haven't seen anything worth buying, and that includes PYNG.

I could give you stories like EMI, the inventor of the CT Scanner (commonly called the Cat Scan). This product was light years a head of other medical devices, and actually the inventors won the Nobel Prize. After a few years, EMI was in disarray with production problems, management infighting, among other issues and large competitors gobbled away their market share and flexed the muscles (i.e., General Electric, among others]. EMI had a patent but if a market exists and a company has R&D it is a race that no patent can hold back.

I may have been a little harsh on you shareholders but just want to dispel a little of the euphoria as it is a tad exuberant. Stock looks fairly solid but as exxtarus says, he will be in for the long haul which should be fine.... just those who think this stock is going to $30 by yearend is a pipe dream... i.e. smoking a [peace] pipe, Chief.
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