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

To: Bernard Elbaum who wrote (4088)	7/3/1999 6:56:00 PM
From: HotShot1	Respond to of 8117

Bernard If AMR/Laidlaw is in financial trouble, then what is the probability that they will be interested in spending $98.50 per F.A.S.T. 1? With regards to your projections, do you really expect that much in the first year? Assuming both rural sites order 350 units each, plus say another 300 total from various smaller sites (very optimistic #), then that would be 1000 units for the first year, or $98,500 in revenue (not even close to 7 figures). The military isn't likely to order 9000 units (if any)in a given year for one notable reason: they'll only need the device when in combat, and at last check, the U.S. was not at war. Even when they were briefly this past year, I don't recall any orders for the F.A.S.T. 1 being reported. Rather, I recall a well timed Pyng release about an army training center, an obvious promotional tactic that had absolutely no effect. It's such futile tactics that has led me to conclude that the only way this stock will ever appreciate is with significant sales.