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

To: Edward W. Richmond who wrote (4292)	8/9/1999 4:08:00 PM
From: LOR	Read Replies (1) \| Respond to of 8117

Ed, No matter how you sugar coat it, "in spite of this recent demonstration of [PYNG management] ineptness" sounds an awful lot like "PYNG BASHING" albeit with a foam hammer. If you have any doubts just give olde Mike a call and see how he liked that "negative" comment. I'm glad you are calling a "spade" a "spade". However, good luck to all those who [ like me and perhaps you Ed ] are holding on because we think the FAST-1 may be a winner in the end IN SPITE OF PYNG's "let them eat cake" attitude towards shareholders .... [ and it helps that my exposure is a relatively small part of my portfolio.] One last thing, the suggestion that I whine about passed "missed" sales projections is pure tripe. I complain [ and YES I will continue to complain Wilhelm/Gary ] .... as long as PYNG continues to refuse to update their sales projections and simply leaves us all in the dark. The notion that PYNG is not now forth coming with up-dated sales projections [ after being so willing to put things in print back in 1997/1998 ] due to some fear that they will be roasted if they again fail to hit their targets is absurd. Doesn't the guy behind those forecasts have decades of "experience" or is he a rank novice? The idea that PYNG should not forecast in order to not make mistakes is laughable when in fact the most obvious and progressive solution would be to admit the errors and MAKE BETTER FORECASTS. Of course, if seeing the share price rise is of no consequence to management [ or even perceived as a negative for some reason ... eh Jack? ] then perhaps the least said about this wonderful new product the better. When ED and or Wilhelm/Gary can point to some tangible benefit [ even historical ] that something REAL can be gained by not continuing to demand that PYNG clean up it's act THAT OUT-WEIGHS THE ""NEGATIVE"" IMPACT OF PYNG'S PAST P.R.'S don't expect any love notes from me to M.Jacob's & Co. LOR