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


To: stubbs who wrote (1425)3/23/1998 6:36:00 PM
From: Sam  Respond to of 8117
 
I stopped to think about how many 0s are in 2.5billion, that works out to 400million per device,,,our GXXX buddy says 30million is a lot of money
SAM



To: stubbs who wrote (1425)3/23/1998 10:13:00 PM
From: T Lamos  Respond to of 8117
 
Let us not forget there are two types of field-trial studies to be published - "small initial studies" which will in turn be followed by "in-depth studies." At the completion of each of these studies, the company expects to begin filling orders of increasing quantity. Allow me to elaborate on my best guestimates of timeframes and magnitude.

As per the 23Dec97 news release, "small initial studies" will be conducted within the Baltimore and Vancouver field trial hospitals' emergency departments prior to going to the paramedics and ambulances of the field EMS services. After these studies are published, which shouldn't take very long in my estimation to conclude - say another 4-6 weeks or around the end of May/98 - the company will be in a position to fill orders placed by "early adopters." And rest assured the EAs are starting to line up. The company has already identified the existence of EAs as per today's news release from the last conference with even more likely to sign up at this weekend's Vancouver conference. And perhaps there will be others coming out of the woodwork over the next few months by word of mouth as was suggested earlier in this thread. Do remember that Mr Jacobs himself has it in his business plans to sell product after the initial studies are released. Please have a gander at....

Message 3396772

Following the initial studies and while the number of EAs continues to swell and place orders, there will be more in-depth trial studies conducted "over the next several months." These are the evidence that late adopters will require to place their orders at which time the company will be in a position to mass produce the FAST1. Assuming that several months means around a half year, we are looking at August or September of this year before "mass production can be expected" if I may quote you Mr. Stubbs.

To everyone. I Trust this helps provide a clearer picture of how soon we can expect to see true product sales. Unfortunately I don't have a magic crystal ball to rub, but nevertheless feel these timelines are reasonably conservative and achievable. Hopefully this information can be used to our collective advantage by adjusting our stock positions according to how & when we expect the market to react to the first and subsequent confirmed product sales. Best of luck to all as always.