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

To: george eberting who wrote (1455)	3/24/1998 12:58:00 PM
From: Patrick	Read Replies (2) \| Respond to of 8117

George, have you learned something about the company that causes you to change your position? I believe in being cautious about investments. Conservatism in speculation is healthy for our hard earned money. I would not be discouraged by "one product". Many companies start this way. The F.A.S.T.1 is a life saving device that fills a void in trauma care. The effectiveness and goodwill of the PYNG name over time will enable highly effective partnerships. Furthermore, the expected and actual revenue from the F.A.S.T.1 will open at least two avenues for PYNG. One of the alternatives is an interesting avenue to explore. Given the future success of the F.A.S.T.1 and sound management practices, PYNG will potentially have accomplished a storehouse of working capital, goodwill of customers, suppliers and business partners, and finally good faith in the investment community. Other results will occur, but these factors alone can enable PYNG to identify and purchase related product ideas, companies, etc. What we are witnessing could be the establishment of a foundation for incredible growth. Speculation here can go in many directions. The second alternative is the obvious buyout of PYNG by a large company. An acquisition would be made based on the anticipation or accomplishment of performance described in the above paragraph. The downside of the "one product" portfolio is obvious. The product fails somewhere, then the company fails. Without diversification, if the management gets out of control - tries to do it all, or doesn't move fast enough, or fails to deliver to commitments, or does not effectively steward resources... results can be disastrous. These are the risks that need to be assessed, weighed and judged worthy or unworthy of our ownership. Currently, I see a product that is a lifesaving breakthrough. I see a management team that is competent in knowledge, discipline and business acumen. I see a highly effective marketing initiative underway. I just wish I could afford to purchase more ownership of PYNG. Enough said and I do like that "the best is yet to come".