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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Brad who wrote (4013)6/18/1999 4:14:00 PM
From: Jack Rayfield  Read Replies (2) | Respond to of 8117
 
Brad

I also bought in in Jan 1998, but did not have the sense to take the profits (almost 2.5X) at $5.85. I can not kick myself for not selling at $6.70 because it was only there for a blink of an eye.

I think that there are alot of investors that share your sentiments. Though I do not think that cashflow is quite the problem you do. They have about 2 years of cash at the current cashflow burn rate (profit+ research and development expense captialized for Candian reporting). But this general impression is why positive releases fall on deaf ears. I on the other hand really do have confidence that the reward will come sooner or later and will hold for awhile longer.

I think that the news release yesterday is very positive and represents a chance to start a fresh with a new source of investors which are not jaded by having following the PYT stock price movement (which I do not think is representative of the true value) over the last year.

I think that the analysts, fund managers and big investors present at the Expo will have some pretty tough questions and if they can be answered fully by the Pyng representatives they will be impressed by the product and its future. The field test data is pretty impressive. And all the comments I have heard from people using the product have been very positive.

I am relieved you were not offend by my post. You seem to be the only person left on the thread. I have never seen the thread this dead especially after a news release.