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

To: Jack Rayfield who wrote (4145)	7/12/1999 9:58:00 AM
From: HotShot1	Read Replies (1) \| Respond to of 8117

So the gross margins you're using (42% & 72%(Military)) already take mass production and the economies of scale associated with it into account? That's somewhat disappointing, as I don't think this company will achieve true levels of mass production for a few years. In addition, I didn't notice that the margins given were gross. Looking at 42%, the net of that would be maybe 25% tops. That's nothing special. Jack, I'm starting to think that the hill this company is approaching is a lot steeper than originally perceived. I just hope they have enough gas and savvy to get to the top.