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Gold/Mining/Energy : PYNG Technologies

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To: GWD who wrote (3386)	3/9/1999 1:02:00 PM
From: AriKirA	Read Replies (2) of 8117

"Stocks do not sell for what they are worth, but what people think they are worth". A stock is only worth what the next buyer is willing to pay. Just take a look at EBAY. After the 3-1 split at the $300 mark (last Monday), it is now trading at $175. Who would of thought ... Analysts were saying that the stock was overvalued at $50. As to your question, yes I do think that Pyng would still trade at these levels even if we don't get any orders from the army. The civilian market has a much greater growth factor. However, some military orders would more than accelerate the civilian process. Moreover, Friday's announcement should also facilitate Pyng's ability to pierce the civilian market. Kind Regards AK

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