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: Ward Nicholson who wrote (3491)3/14/1999 10:36:00 PM
From: Jack Rayfield  Respond to of 8117
 
Thanks again Ward for the response.

I hope that you stick around as the sites you have contributed are great. I can see what your saying from a technical perspective. But my two cents is the down trend will continue until orders are announced whether that is week after next or four months from now. Orders are the only thing that will cause the trend to change. But I am optimistic that they will be received and announce in the next couple of months even before mass production is ready. And that is all that is needed in my opinion for the stock to again begin trading on expected earnings as most other stocks do.

I think the only difference in our take on the stock is that I am optimistic that we are very near the end of the development stage and on the brink of the earnings stage were an objective valuation can be made of PYT's value. You on the other hand chose to ignore this fact and project the future based on the last year stock performance.

Although I was pretty early to get into Pyng back in early Feb 1998, I had followed it since 1995, if I had any idea that it would take this long to get to this point I would have passed and continued to follow it on a watch list. But the language used in the news releases reporting the progress made was just positive enough to keep me interested.

Only time will tell who is reading the tea leaves correctly.

Good luck Pyng at Fort Bragg next week. And Mike if you get the chance try the pork barbecue NC is famous for it as well as the great golf courses on the coast.