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


To: Phantom who wrote (499)2/13/1998 8:35:00 PM
From: esxtarus  Respond to of 8117
 
after i bought it in 1996 i think it went to around 5dollars . and with news today they made their first shipment to a hospital in canada and a military number i think the potential is great im so bullish on it now im going to get my kids to buy some. so who knows what the price will be in 6 months. this is all spec now but when they start to get orders and earnings thats when we will really find out how high the price will go. like that poem said wait and never get tired of waiting . GOOD LUCK



To: Phantom who wrote (499)2/13/1998 9:45:00 PM
From: Pierre J. LeBel  Read Replies (1) | Respond to of 8117
 
I see $ 10.00 within 2 or 3 years based on projections supplied by the company.

They are forecasting sales of 232,975 units on the third year of operation with gross revenue of $ 15 million and earnings of $ 1.15 per share. Let us assume that these projections are too optimistic and cut the projected profit by half to $ 0.57 per share. With such growth, you can expect the market to value the company with a p/e ratio of at least 20, giving us a price target of more than $ 10.00, assuming only half the projected profits!

Does that make sense?

Now... what if they meet or exceed their target?

Good Luck and have a very nice day.

Pierre