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

To: T Lamos who wrote (1232)	3/19/1998 7:07:00 PM
From: The Warrior	Read Replies (4) \| Respond to of 8117

This site is actually kind of funny. All these amateur investors who have (mostly) never started or ran a company. One director of research tries this product and feels no pain, and presto, the stock will be heading toward $30 in no time. Amazingly naive. The company has not even started production, doesn't even have a manager to run this absolutely vital part of the business, probably has no sales force, and everyone under the assumption that everyone must have this product. What are the fixed costs to develop this product (manufacturing, overhead, etc.), what are the variable cost, and what price will they charge? How much profit is predicted in the first year, and in fact when is the first year? What smart entrepreneurs are looking at this demo and coming up with a competitive product, or maybe even a better product. Perhaps not this year, but maybe next year it could be a reality. How do we know that there is a $250m market? This is purely speculation, as is the current investors MO. What are the earnings projection, which can translate into profits and a rising stock price? As Lloyd Benson said or something to the effect. "I know Microsoft, I worked with Microsoft. PYNG Technologies, you're no Microsoft!"