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


To: the Chief who wrote (1552)3/25/1998 7:58:00 PM
From: esxtarus  Read Replies (1) | Respond to of 8117
 
i dont know to much about short selling but what i do know it looks like the shorts are going to take it in the shorts



To: the Chief who wrote (1552)3/25/1998 8:32:00 PM
From: G. Byrne  Respond to of 8117
 
i guess more people are finding out about this company and what its potential is. everyday the stock trades with this kind of volume and for these prices the average purchase price goes higher. should be a little over the $5.00 point by now. i really think this company is going to make a real impression on the international community at the conference and i expect that there will be a lot of them wanting to be in the field trials or early adopters.



To: the Chief who wrote (1552)3/25/1998 9:56:00 PM
From: Less1 Recommendation  Respond to of 8117
 
From Van BC regarding field testing at Royal Columbian Hospital.Being a substantial and serious share holder residing in the Vancouver lower mainland,while wandering out of the dentists office with a numb face and prepared to go home yesterday, I decided to try some extra due d., so I drove 5 minutes out of my way to the Royal Columbian Hospital and into the ER. Luckily it was not 'too' busy and I was able to discuss for a short time with one of the staff familiar with FAST 1 and was quickly and easily trained to use FAST 1. Results:
1.very impressed
2.confident it would perform
3.no opportunity yet to use FAST 1 in an emergency situation but knows it wil do the intended job {saving lives}
4.is seriously considering buying in--a great sign of new investors and word of mouth from qualified users can do wonders.



Maybe next time {over lunch?} and the opportunity to dwell I can do some better picking with this knowledgable and candid person and forward whatever and share with this thread.{eom,eh}Sorry, couldn't resist.
Regards...Les S.



To: the Chief who wrote (1552)3/26/1998 12:05:00 AM
From: Irving P.  Read Replies (1) | Respond to of 8117
 
Chief,

I have been trying to think of a company that shares many similarities to PYNG, for purposes of comparison, and to address the criticism that this company is overvalued. I believe I have an interesting one, and invite comment.

The company is World Heart Corporation, listed on NASDAQ. They make a life saving device for Cardiac patients. Check out their website at www.worldheart.com for all the particulars, and I am sure you will see that it is a good place to start for comparison.(This will save me repeating all info here)

World Heart has 10,150,000 shares outstanding, trading at USD 4.125 per share. There are an additional 7.4 million shares in escrow. Market cap in CDN would be about 58.5 million. In 1997, they showed a net loss of .97 cents per share on no revenues, R and D expenditures were .71 cents per share.

Anyway, they are going to production of prototypes for pre-clinical testing over the next 2 years. They have exclusive rights to their technology for 25 years. You will note that there are 2 heavy hitters on board. Michael Cowpland (COREL and Co founder of Mitel)is a director and Rod Bryden (founder of SHL Systemhouse and owner of the Ottawa Senators NHL franchise)is an officer.

Developmentally, they are behind PYNG as far as revenue expectation in the near term.

This is an interesting comparison, which invites comment.

To those short on PYNG, do your homework before you pepper me with ignorant questions.