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Gold/Mining/Energy : PYNG Technologies
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To: Jack Rayfield who wrote (3266)2/23/1999 9:06:00 PM
From: Jack Rayfield  Read Replies (2) of 8117
 
March 17 is going to be a long wait.

If nothing is announced between now and March 23 then you had better have the crying towel ready. When PYT drops below 2.00 the drop to 1.50 will be so quick it will make you nose bleed.

I am just going try to avoid looking at the stock price as it bears no resemblance to the real value of the stock. No one in their right mind could argue that a stock worth $4- $5 dollars before field trials even began could be worth $2 after >100 apparently successful uses.

In my opinion this recent drop is the product of promising too much too soon and not explaining the delays as they happen.

I did see where the story written by Pyng appeared again in the New Mexico Paramedics and Firefighters- 1999 Equipment issue which I just received. I sure would like to see someone else write something about our favorite product.

I hope that there are some tangible developments that can be released in the interim which will show some progress in attaining the magic "150" uses necessary to at least begin the final design/mass production ball rolling.

I can not understand why anyone would let go of their shares at this depressed level, but obviously some people have concluded that the potential market is not worth the seemingly endless wait. I am not in that camp but it is getting frustrating that field trial uses are proving so hard to come by. 10 months < 150 uses not very encouraging on the face of it but hopefully the next 100,000 will not take as long.
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