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Gold/Mining/Energy : PYNG Technologies

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To: GWD who wrote (2423)	6/9/1998 11:15:00 PM
From: doug	Read Replies (3) of 8117

Jerry, I think that "excellent news release" should be substituted for "positive news release". Since the middle of March there have been 15 news releases and none of them have been able to reverse the downtrend. This release does not contain any surprises, in fact, there have been absolutely no surprises since Mar 15. I believe that the market is expecting announcements of this sort, and that expansion of studies can not cause an explosion in share price. Pyng is removing rumour and doubt by continuing to reinforce their business plan, but it is also removing the opportunity for a "quick flip" for traders. If you can make money in the short term, "Pr”st", but I think this has become a long term play. Doug

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