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Gold/Mining/Energy : PYNG Technologies

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To: Pierre J. LeBel who wrote (2405)6/5/1998 6:30:00 PM
From: Veritas  Read Replies (1) of 8117
 
Pierre, would appreciate your analysis of the trading pattern. Looks innocuous to me. He was prepared to take 5.85 for 40,200. Wouldn't you, if you held so many?

PYNG TECHNOLOGIES CORP. JACOBS, MICHAEL W. 4 0 CM 05-05-1997 0 10 11,500 3.450 3,936,491
4 0 CM 05-08-1997 0 10 6,000 3.350 3,930,491
4 0 CM 05-09-1997 0 10 5,000 3.350 3,925,491
4 0 CM 05-13-1997 0 10 4,600 3.300 3,920,891
4 0 CM 06-03-1997 10 1,100 0 2.500 3,921,991
4 0 CM 06-05-1997 10 1,100 0 2.600 3,923,091
4 0 CM 06-10-1997 10 3,500 0 2.400 3,926,591
4 0 CM 06-16-1997 0 10 3,000 2.150 3,923,591
4 0 CM 06-20-1997 0 10 9,000 2.050 3,914,591
4 0 CM 06-25-1997 10 2,900 0 2.000 3,917,491
4 0 CM 06-26-1997 0 10 6,000 2.000 3,911,491
4 0 CM 07-04-1997 10 2,000 0 1.950 3,913,491
4 0 CM 07-08-1997 10 500 0 1.940 3,913,991
4 0 CM 07-14-1997 10 500 0 1.900 3,914,491
4 0 CM 07-15-1997 10 2,000 0 1.850 3,916,491
4 0 CM 07-23-1997 10 1,000 0 1.900 3,917,491
INSIDER TRADING REPORT FOR PERIOD ENDING June 5th, 1998 Page 21
06-04-1998 08:52:53
SEC TRANSACTION UNIT
ISSUER INSIDER RELN OWNER CLASS DATE NATURE ACQUIRED NATURE DISPOSED PRICE BALANCE
---------------------------------------- ------------------------------ ---- ----- ----- ---------- ------ ------------ ------ ------------ ------- -----------------

PYNG TECHNOLOGIES CORP. JACOBS, MICHAEL W. 4 0 CM 07-28-1997 10 1,000 0 1.750 3,918,491
4 0 CM 09-10-1997 0 10 3,800 1.850 3,914,691
4 0 CM 09-15-1997 0 10 2,200 1.850 3,912,491
4 0 CM 09-19-1997 0 10 2,400 1.850 3,910,091
4 0 CM 09-25-1997 0 10 1,600 1.850 3,908,491
4 0 CM 10-03-1997 10 500 0 1.650 3,908,991
4 0 *CM 10-04-1997 0 10 1,900 1.800 3,907,091
4 0 *CM 10-08-1997 0 10 1,400 1.700 3,905,691
4 0 *CM 10-09-1997 0 10 4,000 1.850 3,901,691
4 0 *CM 10-14-1997 10 2,900 0 1.700 3,904,591
4 0 CM 10-22-1997 0 10 15,000 1.650 3,889,591
4 0 *CM 10-27-1997 10 3,000 0 1.600 3,892,591
4 0 CM 11-07-1997 10 1,000 0 1.500 3,893,591
4 0 *CM 11-14-1997 10 700 0 1.450 3,894,291
4 0 *CM 11-17-1997 10 1,000 0 1.610 3,895,291
4 0 CM 12-05-1997 10 5,100 0 1.200 3,900,391
4 0 CM 12-30-1997 0 10 6,000 1.350 3,894,391
4 0 *CM 01-05-1998 0 10 2,000 1.300 3,892,391
4 0 *CM 01-08-1998 10 800 0 1.250 3,893,191
4 0 CM 01-15-1998 0 10 4,800 1.400 3,888,391
4 0 *CM 01-23-1998 10 1,200 0 1.250 3,889,591
4 0 *CM 01-26-1998 0 10 7,000 1.400 3,882,591
4 0 CM 01-30-1998 0 10 4,000 1.450 3,878,591
4 0 *CM 02-09-1998 10 2,500 0 1.300 3,881,091
4 0 *CM 02-12-1998 0 10 6,300 1.450 3,874,791
4 0 *CM 02-18-1998 0 10 17,800 2.200 3,856,991
4 0 *CM 02-20-1998 70 40,741 0 1.550 3,897,732
4 0 *CM 02-27-1998 0 10 3,900 2.720 3,893,832
4 0 *CM 03-05-1998 0 10 10,000 4.060 3,883,832
4 0 *CM 03-06-1998 0 10 16,000 4.100 3,867,832
4 0 CM 03-16-1998 0 10 10,000 4.250 3,857,832
4 0 *CM 03-17-1998 76 70,000 0 1.550 3,927,832
4 0 *CM 03-20-1998 0 10 40,200 5.850 3,887,632
45 0 OP 03-17-1998 0 76 70,000 1.550 55,000
45 0 *WT 02-20-1998 0 70 40,741 1.550 0
45 1 *CM 02-18-1998 11 39,773 0 0.880 39,773
45 1 *CM 03-18-1998 70 39,773 0 0.880 79,546
45 1 *WT 02-18-1998 65 39,773 0 0.000 39,773
45 1 *WT 03-18-1998 0 70 39,773 0.880 0
INSIDER TRADING REPORT FOR PERIOD ENDING June 5th, 1998 Page 22
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