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

To: francis terry who wrote (615)	3/2/1998 1:56:00 AM
From: GWD	Read Replies (2) \| Respond to of 8117

To Mark Schroeder From Jerry De Boo Re Projected share price Came across a interesting analasis dated april 16 1996 Med co trade in multiples of 30-50,with a profit margin of 60-95% Fast1 sells for $70 cost $14 profit margin 84% At that time they forecasted sales for 1997 at 9.7 million with a pre-tax profit of 2.5 million .If they go into production we can move this date ahead on year.These figures tranlate into .32 earnings bases on a multiple of 30-50,or $9.60to $16.00can.Discount this for present conditions at 50% and price range could be $4.80 to $8.00in the next 45 to 90 days