SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Gary H who wrote (1753)3/29/1998 11:08:00 PM
From: Greg Meyer  Respond to of 8117
 
Hang on to your shorts, folks; they be going over the cliffs soon.

From: "NETWiRE!" <NETWiRE!@netcom.ca>
Organization: Watkins Communications Inc.
To: NETWiRE.Subscribers@tor-smtp2.netcom.ca
Date: Sun, 29 Mar 1998 18:57:17 -08:0
X-Distribution: Moderate
Subject: NETWiRE - Pyng Tech. (PYT-VSE) Update from the EMS Conference
Reply-to: admin@pwatkins.com
Priority: urgent

=======================================================
PYNG TECHNOLOGIES CORP. (PYT-VSE)
52 Wk High: $6.70 52 Wk Low: $1.05 Recent Price: $4.85
"Your Medical Investment Today and Tomorrow"
Shares Outstanding: 7.6 million
=======================================================
March 29th, 1998

We had the opportunity to visit the International EMS conference this
weekend and met with Mr. Michael Jacobs, President of Pyng
Technologies. The conference was well attended with medical
professionals participating from hospitals all over the world. During
our brief visit at the Pyng booth in the Exhibition Hall, hospital
representatives from Taiwan, Israel, Australia, Germany and France
were showing strong interest in the F.A.S.T.1. From what we saw and
heard, field trials outside of North America should not be too far
off. The interest at the conference was just too great.

We had an opportunity to speak briefly with an extremely busy Mr.
Jacobs. The word on most people's lips recently has been "ORDERS",
and so that was the focus of our discussions. For the past 6 months
Pyng has worked exceedingly hard at getting the F.A.S.T.1 through the
proper channels and into leading hospitals throughout North America.
Individual studies and new hospital protocols had to be developed and
adopted, with the final step being successful field trials, which are
underway at the present time. We came away from the discussions with
the understanding that the first orders are likely to come from the
U.S. military as they are clearly moving the quickest. If all goes
well the first orders could come as early as May, 1998.

Also worth mentioning, while we were at the booth we met an individual
visiting from a New York based financial institution. From our
discussions with him, it appeared he was there to make a pitch on an
underwriting and a move to Nasdaq. We didn't read a lot into it, as
we're sure Pyng's getting a lot of those pitches these days.
--
courtesy of:
NETWiRE! by Watkins ONLiNE!
Vancouver, British Columbia, Canada
=======================================================
WWW watkins-communications.com

DISCLAIMER:
The information contained herein has been drawn from sources
which we believe to be reliable; however, it's accuracy or
completeness is not guaranteed. This document is not to be
construed as an offer or solicitation to buy or sell any of
the securities herein named. The inventories of Watkins ONLiNE!,
its officers, directors or shareholders may from time to time
include the securities named in this document. E. & O.E.



To: Gary H who wrote (1753)3/29/1998 11:38:00 PM
From: tide  Read Replies (1) | Respond to of 8117
 
With you Gary

I find it difficult to understand why shorting is even allowed or that it serves any useful purpose other than filling greedy pockets at the expense of honest, sincere investors.
But hey, we've got enough eager beavers on Pyng, perhaps we could rip the shorts off these do-no-gooders. What if enough bullish investors put their heads together, when a substantial amount of shorts exists and buy stock in such a manner as to drive the price enough to really put the squeeze on. Does anyone think this could ever succeed? Of course it may be difficult to get a big enough commitment from enough individuals & the shorters may have the resources & smarts to defeat such a project. Has this ever worked or could it work?