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


To: AriKirA who wrote (4583)9/14/1999 1:49:00 PM
From: Jack Rayfield  Respond to of 8117
 
Ari

Your net profit margin is inline with my expectations. At the Vancover Investors Forum in April of 1998, Pyng presentation included a chart that included the Year 5 breakdown of Sales, Cost , Distributor Profit, Pyng Profit (42.5%). This data was I believe based on the prototype design of the FAST 1 which was simplified in the final version. So I expect the low volume in Year 1 to be offset by the cost saving realized in the final version and so the result should be a 35-40% net profit margin. But a big military order of say 10-20K would significantly increase the NPM as the I expect a Gross Profit Margin of 70-75% on military orders which will be handled directly by Pyng.

Great Analysis Ari.