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Gold/Mining/Energy : PYNG Technologies

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To: stubbs who wrote (3557)	3/23/1999 11:38:00 PM
From: Jack Rayfield	Read Replies (3) of 8117

Stubbs: I must say you are very consistent You are right the dry up could be related to the Dow tanking. Let's look at that hypothesis. In the past the correlation between PYT and the Dow has been non- existent. The Dow has been up significantly over the last several months yet it has not pulled PYT along. The Dow was not up yesterday so it could not be used to support the impressive early move in PYT. Since most of the move came before lunch, I think the case I have stated that some new investors expected some news is still the most plausible. JMHO

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