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Gold/Mining/Energy : PYNG Technologies

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To: stubbs who wrote (3416)	3/10/1999 1:31:00 PM
From: Jack Rayfield	Read Replies (2) of 8117

Stubbs' I have read back through your posts to get a sense of where you are coming from. Obviously you have a large position in PYT and have chosen to make only positive comments in reaction to other posters comments which you perceive as negative. I can understand your thinking as I too have a pretty large position in PYT. My philosophy is I want all the facts from all available sources. I actively see out sources of information because I am not content to wait on news releases. I have put other people in this stock and I feel I have a responsibility to them to find out all I can. Most of which is shared with a select few members of this and other forums. It is hard for me to believe that you or Mr. Jacobs even read my post. You just saw the part that said that the WR testing did not chose FAST 1 as the only acceptable device and went ballistic. What I can not understand is why you have chosen to strike out at me personally. My original post was simply in response to a request from Ari to comment. The fact that all 4 devices were acceptable and none was chosen as the overall favorite was reported in post 3302, 3367, 3377. It should have been news to no one. Message 8084217 Message 8182671 Message 8189247 As to your point on why I did not call Mr. Jacobs to discuss the issue before posting. Mr. Jacobs has posted on this issue in post 3237 in which he seem to be saying that that since the military was going to be trained on the FAST 1 at Fort Bragg that it was the device of choice. I do not know what the military has told Mr. Jacobs, all I know is what the Major told me. Since I had talked to Major incharge of the WR testing as I indicated in my response, I thought that it was appropriate that I respond to Ari's request and add my two cents. What I really can not understand is why you and Mr. Jacobs only chose to see the negative side of my comments. All in all my comments are positive. I just choose to be realistic and present all the facts not just the positive one. I think that the market is big enough for more than one product. And so what if the Seals or other small specialized groups choose another product. The real military market is in the medics that support the Army, Marines, Navy, and Air Force which may or may not still be up in the air. I think it is great news that the FAST 1 was selected for training at Fort Bragg, but that in and of itself does not mean that it will be the only device used in the military. I wish that you and Mr. Jacobs would at least read all of the post/ reply and determine for yourself if my tone was as negative as you seem to think. Additionally I have spoken to Mr. Jacobs several times as well as other sources and I do not think that you will find any instances where I have broken the news in public. Usually my information posts are to clarify and add my comments to information already posted. My response to Mr. Jacobs was in defense of myself and to point out that I did not say what I was accused of and that I did talk to the Major that led the WR training. I am very positive on PYT and yes I am looking to buy more. I think that Pyng has made great strides and Mr. Jacobs and staff should be commended for the progress achieved. The only negative issue that I have ever directed at Pyng is related to the implied progress of the reported news and the actual progress achieved. I am very patient and can wait as long as it takes but I would like to see a press release that establishes some guide posts by which progress toward mass production and orders can be measured. If we did not discuss anything on this forum but released news then it would be a pretty dead forum. Maybe I am crazy but if everyone took the attitude you have then there would be no reason to have a thread. We could just read the news releases as they came out and wait.

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