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Gold/Mining/Energy : PYNG Technologies

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To: Ward Nicholson who wrote (2217)	5/17/1998 8:31:00 PM
From: Edward W. Richmond	Read Replies (1) of 8117

>>Like I said before, I rather short the dead-cat bounce that will come after the drop to $2.75.<< Ward, my lad, with no offence intended to any poster on this thread, I would see a drop to $2.75 as a positive move. It would shake out a lot of the speculators. Also, it would give me an opportunity to atone for my stupidity in taking only a small position in Pyng while waiting for a major price drop. In fact, $2.50 sounds even better. I plan to sit on this story for a long time unless there is a significant, material change in the company's prospects Regards, Ed

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