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

To: Albert Martin who wrote (538)	2/18/1998 5:01:00 PM
From: Pierre J. LeBel	Read Replies (2) \| Respond to of 8117

You are right Albert, You would think that a person would sit tight and not sell his/her shares in PYT at this time considering the strong possibility of a military order around the corner. This is what makes a market: a buyer and a seller. In this case, I suspect that the sellers are shareholders who acquired their shares in the $ 1.00 - $ 1.50 range and are taking a partial profit: no one has ever gone broke taking a profit. After all, this stock was selling under $ 1.35 a week and a half ago, before the whole world woke up to the fact that it does exist and has tremendous short and long term potential. In the meantime, if you look at the chart, this consolidation is quite normal and I would expect the stock to trade in the $ 1.80 to $ 2.80 range for the next few days UNLESS WE GET AN ANNOUNCEMENT. Then all bets are off. A military sale with all the obvious goodwill attached to it would most likely skyrocket PYT well over $ 5.00 within minutes. Time will tell. Be patient and you will be rewarded. The last time I checked, PYT was trading at $ 2.50 with a bid of $ 2.50 and an ask of $ 2.60; volume was 77,000 shares. Good Luck and have a very nice day. Pierre