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

To: Stang who wrote (1172)	3/19/1998 1:05:00 AM
From: PeterS	Read Replies (2) \| Respond to of 8117

Here is my prediction and, I should add before all the touchy defenders of PYT jump on me, hopefully only for the immediate future: This is just a news release about another conference. From the perspective of VSE traders no big deal, Baltimore or Vancouver - who cares. This whole promotion is run on news of approval, conference success and professional acceptance. Therefore this news is not likely to add any momentum to the stock and, on the contrary, I expect a pull-back perhaps even below $4 levels on a relatively small volume - I agree that the $5+ "support" level has been established - before some REAL news is issued. By real news I mean orders, orders, or orders. This company does not have any fundamentals in conventional sense. All it has is lots of goodwill. That's fine - this is, after all, VSE and VSE :-) does not trade on fundamentals (overstatement I know but generally valid). We all should thank VSE for being here because it makes companies like PYT possible. From this perspective the valuation analyses, e.g.,897 and 892, are interesting read but have little significance at this point. PYT is a junior. Perhaps somewhat mature but still a junior. My conclusion: we will not see >10$ on VSE any time soon as it has been suggested on this thread. I doubt we will even see $7. Get ready for some coasting. At this point to move the price significantly the REAL news is needed. Factors affecting this stock: Institutional investors? ... Forget it for now - it is too early. Shorters? ... PYT is not a typical (mining, software) short play, as it actually has something real, and I would not expect it to be a major factor. Oblivion ... might happen without the real news. Cheers

To: Stang who wrote (1172)	3/19/1998 10:23:00 AM
From: george eberting	Read Replies (1) \| Respond to of 8117

Stang: Thanks for the link to the ICEM Conference. It's a little pricey to attend, or I would probably run up for a day just to see PYNG's booth and rub shoulders with the doctors (assuming they would let me in). I ran through all the various presentations and panels which are scheduled. Lest any of you get the wrong impression, F.A.S.T. is not on the agenda of topics. They, like many, many other companies, will have a booth. They will have to do a good job in order to be seen and heard above the clamor the big boys will surely be making. George E.