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


To: Jack Rayfield who wrote (4116)7/9/1999 7:58:00 AM
From: HotShot1  Respond to of 8117
 
At this point, the company should be directing their undivided attention towards marketing the product. They should continue to develop an optimal marketing/sales/production strategy over the next few months. I feel that distribution arrangements should not be a primary concern right now, as sales will start off on a small scale. In turn, the company will likely be able to handle the distribution internally in the early stages. Also, Corporate Communications should take a back seat for the time being. That role can be addressed once the ship is sailing.

I remain adamant about not buying more stock until the company proves itself in the marketplace, as I still consider the equity highly speculative. What's the point in paying the current market price if the company only winds up operating on a small scale? I'll be patient on this one and only increase my position should the company post strong sales in the latter quarters next year.