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

To: Edward W. Richmond who wrote (3366)	3/6/1999 11:46:00 AM
From: LOR	Read Replies (2) \| Respond to of 8117

Well folks....here is my "possible" explanation for yesterday's price drop on modest volume. Roughly 86,000 shares traded hands or ~C$ 172,000. This could easily have been an investment "team" who analyised PYNG's status as follows: 1) Great product but no investor confidence evident over the past several months, 2) No disclosure on the part of PYNG of the actual WR test results [ ESTIMATED by PYNG to be concluded by last ""AUGUST"" either because the report has not yet been issued by WR [ probable ] ""OR"" because PYNG does not wish to release same [ not so probable in my opinion ] 3) Evidence that PYNG has three "FDA approved" competitors for the intraosseous infusion market and informal reports that none of the devices [ including the FAST-1 ] has gained a clear upper hand in WR testing, 4) and finally [ AND MOST IMPORTANTLY ] no faith in PYNG's ability to obtain that first magical "MASS PRODUCTION order in the ""NEAR"" future, Based on the above and the wealth of other investments possible which might pay off in a much shorter time frame is it any wonder that a specific investment group might yank all or part of it's investment in PYNG to chase another investment????....particularily if they feel that they will have plenty of time to "get back in" if things really start to get out of the doldrums at PYNG??? And yes, this does create a great buying opportunity for investors who have long term faith in both PYNG " the company" as well as the FAST-1 so if you can afford it ....take advantage of the chance but be ready to continue waiting for some time to come. LOR