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

To: HotShot1 who wrote (4572)	9/13/1999 7:05:00 PM
From: AriKirA	Respond to of 8117

Hotshot, A few comments regarding your post. First of all, you might want to address that question to someone else. M. Jacobs is the CEO of Pyng as you probably already know. Second of all, that's 6,300 minimum per year in canadian sales. Let's not forget the American, the Australian and the European counterparts.. 6,300 per year accounts to 630,000 $ US in revenues per year (at 100$ US per item) and not 63,000 $... Let's just say it's a honest mistake, which I doubt for some reason! 630,000 US * 0.50 profit margin (which is fair and attainable IMO) = 315,000 US (approx 450,000 $ canadian) 5% net profit margin?????????? Not quite sure what you're smoking but I suggest you change your dealer! 98$US price - 30-35$US cost (probably less than said amount due to recent developments ...) - 15-20$US performance remuneration to the distributor ... accounts to about a profit margin of 50% ... Even if the net profit margin is 35%, it accounts to more than 300,000$ can in profits... A ratio of 20 which IMO is quite low would put us much further than your anticipated 1.25 -1.50.... Still have some very SERIOUS doubts about your intentions... Funny, you were about the only one who DIDN'T send me their information with respect to the protest letter. Trying to make sure your identity remains confidential? There probably is a good reason for ... Well, lets just put it this way : try to be less transparent next time! AK

To: HotShot1 who wrote (4572)	9/13/1999 7:10:00 PM
From: webber warren scott	Read Replies (1) \| Respond to of 8117

sorry folks I was beaten on the response to hotshot and his shoddy numbers. Too late to cancel post.

To: HotShot1 who wrote (4572)	9/13/1999 7:44:00 PM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 8117

HotShot1, I noted that you clearly stated your disapproval when the options re-pricing announcement was made. However, you didn't respond when the decision to exclude management options from the re-pricing was announced. I speculated to some investors that you probably would not respond to management's positive decision. Sure enuf!!!! I wonder why? Further, your mathematics error makes the company's prospect look bad, by a factor of 10. Hmmmmmmmm! You guess that there will be equal or better business coming in from the States. Do I detect a little understatement here? Almost damned by faint praise! You plan to accumulate between $1.25 and $1.50. I hope you do, because I will be there right beside you adding to our positions. However, some advice from the sage, "Pull up your shorts or you will be exposed." You suggest that this market is screwy. Are you sure it's the market???? While I can't absolutely determine your motivation, your posting history and this current nonsense certainly does expose a lack of credibility regarding your understanding of this company and its stock. In summary, my observation is that you interpret all Pyng news as bad. Bad for whom??? Shareholders? I don't think so. Shorters? Indeed! Scrambling to cover isn't fun. I am pleased that you gave us your latest post, It tells us a great deal about the poster. I certainly have no desire to belittle or offend you. However, this post was too much. Regards, Ed P.S. I have speculated in conversation with fellow shareholders that you once posted under the name, A Special One. N'est-ce pas? That was for you, Ari:-):-) P.P.S. Ari, I am willing to take lessons in French as well as in short selling:-)