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

To: Ward Nicholson who wrote (2065)	4/20/1998 1:45:00 PM
From: GBM	Read Replies (1) \| Respond to of 8117

Hi Chief. Haven't heard from you for a while. I'm upping my target for Pyng from$1.25 to $1.75 - $2.00.Given the distribution in the $5.00 range I figure there will be enough people averaging down to create a new base there.Before you get too bent out of shape on this opinion refer back to your $5.25 base comments vs. my $5.25 ceiling.Having seen this product come a long way in 8 years I feel the market potential should be able to support a market cap of 10 million. P.S. Has anyone checked if the insiders have taken advantage of the new 4 month hold policy on restricted stock. It sure looks like some new sellers have come to market