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Gold/Mining/Energy : PYNG Technologies

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To: CJG who wrote (3868)	5/29/1999 11:52:00 PM
From: A Special One	Read Replies (3) of 8117

This stock won't go anywhere for a LONG time. Pyng is a long, long way from establishing a steady revenue stream. You can forget about "mass production" this year (you'd be gullible to believe it). At best, the company will start by the middle of 2000 (that release about all the field trials being complete is absolute bull). Anyone paying over $1 for this stock is overpaying. The only reason why it appreciated over the last two years was because of promotional tactics by various West Coast groups. As a result, there are over 1.4 million options/warrants outstanding. I'd buy this stock between 50 cents and $1.00, but not a penny more. ST Rating - Strong sell at the current level LT Rating - Accumulate between 50 cents and $1.00

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