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Gold/Mining/Energy : PYNG Technologies

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To: doug who wrote (3364)	3/6/1999 1:40:00 AM
From: Edward W. Richmond	Read Replies (1) of 8117

Doug, I appreciate the reference to your March 29, 1998 post (really a short course) on shorting stocks with specific reference to Pyng. Michael did say that he suspected the stock was being shorted. Yes, we would be happy to accept your slightly late prediction for the date upon which we will have received a total orders for 10,000 FAST1 units. Note that it doesn't have to be a single order. In my opinion it will be the combination of several smaller orders. You are down for the not too optimistic date of December 28, 2000. I have asked MJ to advise when that day arrives. It is interesting that the stock price turned up later in the day. It would appear that the selling pressure has been alleviated, at least for now. I'm happy to be in at $1.90. Regards, Ed P.S. Friends, no flaming me for allowing a late entry. We don't want to appear to be exclusive now, do we?

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