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


To: george eberting who wrote (1699)3/27/1998 10:05:00 PM
From: GWD  Respond to of 8117
 
To George Eberting
From Jerry de Boo
Hi George
Thank you for your reply,I am approximatly 1500 km away from Vancouver,and could not attend.Therefore I apppreciate your effort.
I might not agree with your short term outlook on pyng,but we all have different investment strategies,and that is what makes this forum
interesting.
Anyway,I am sure you know Pyng has hired Mr Chaddock as its production manager. His qualifications seem excellentWhat cought my eye in the press release was that the board of directors is confident that profitable production in 1998 is ASSURED.This shows a high degree of confidence in Mr Chaddock ability,and gives a strong indication production might start up a lot sooner than we expected.
regards Jerry



To: george eberting who wrote (1699)3/28/1998 12:11:00 AM
From: Sam  Respond to of 8117
 
George
I have to agree that $5. is up there for a company with a single product,but the number of shares in the public float ,as I understand 3million,is and will be a big factor in the stock price,especially now that some big houses are getting in
SAM



To: george eberting who wrote (1699)3/28/1998 2:33:00 PM
From: Andre Bain  Read Replies (1) | Respond to of 8117
 
Re your opinion that over $5 is too much to pay for a company not in production. Obviosly that production is not now a question of if but when. F.A.S.T. 1 has the potential to be in every army unit, every ambulance, and every hospital in the world. When it is used it needs to replaced. In times of conflict when stocks usually go down Pyng revenues will soar. I can't prove to you that all this potential will be realized anymore than I can say you're wrong about the stock price, but I have this to say. Dr. David Johnson with a distinguished career in medical device development and evaluation (see Pyng website) did not take stock options and a leave of absence from a paying job as dept. head at BCIT to direct a program that isn't going anywhere. Ditto for his assistant Judy Findlay. Malcolm Chaddock didn't jump from Xillix to Pyng to be production manager for a company that he feels will have few sales.You could argue they do it for the money, but professionals usually want something else. Success. The U.S. military and NATO did not issue stocking numbers for a product they don't expect to stock.You can use logic to figure this one out.I advise you to buy back in because in 6 months $5 will seem very cheap!