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

To: Jack Rayfield who wrote (4014)	6/18/1999 4:55:00 PM
From: Stephen Krupa	Respond to of 8117

Jack, Nope! Brad is not the only one still on this thread. I'm still watching and waiting for Mr.Jacobs to deliver his promised responses. I've posted a few times and am pleased that others have expanded on my remarks. Your latest one about the website ties in to the long awaited response about Mr. Gerry Lenoski as a member of the company or not. It is obvious, or should be, that his role of corporate communications should have already updated the site. However, his employment contract was on a 30-day renewal basis. Loyalty? Stability? Dedicated? Steve.

To: Jack Rayfield who wrote (4014)	6/19/1999 8:23:00 PM
From: Brad	Read Replies (1) \| Respond to of 8117

Jack, I don't claim to be smart, just one of the few right moves on taking the quick profit last spring. One thing I don't agree with you on, though. I don't think we can take the recent history as a guide for the cash burn rate. The design should supposedly be finalized now, so, this company is quickly going to change into a producer (since it is still unclear as to how they are handling the production -- total outsource would be smart, IMHO). Getting ready for production and building an inventory is going to take a lot of cash, I think. And if sales don't immediately take off, Pyng's cash will quickly "burn". That's why I think they have a problem, in addition to the Walter Reed lack of unequivocal approval. Brad