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

To: GWD who wrote (3570)	3/25/1999 10:24:00 AM
From: Jack Rayfield	Read Replies (1) \| Respond to of 8117

I agree GWD that NATO is a great potential customer and if they decide to purchase this connection could be a spring board to further international sales. I really think that Pyng could sale a significant number of FAST 1s today if the inventory was available and the new customers could be trained effectively i.e. DVD/CD/Video. I believe there is alot of interest and that the product will sale itself for the most part especially after the field trial data is compiled and available. We just have to be patient and wait for things to fall into place over the next 2-4 months. Hopefully Rural Metro or the military (Special Forces or regular Army) will sign up for a significant pre-production order soon and the stock will move on anticipated sales. As the way it looks it could be fiscal 4th quarter (July- Sept) before PYT actually has earnings which will be reported in late Decemeber 1999. Stubbs, I would be intersted to know how much a FAST 1 costs to produce now before mass production. Is the C$37/unit that was used in the projection dated 4/30/98 included in the company investors kit's "Projected Statement of Income and Earning for year ended APR 30/99" the current cost before mass production or is the pre-mass production cost closer to C$148 (4 X 37). In FY 2000 the projection reduced the cost per unit to C$30. I did get the joke in asking us to take your information regarding the alleged short position at face value while remembering how you kicked me for adding my comments to existing thread info that as 8 or 10 people on this forum know I had undenyable support for making. I too appreciate the fact that you are working for Pyng and all of us in arranging the meetings with EMS units and brokers. Keep up the good work. I do not mind your unwavering support of PYT management at all, as long as you are up front about it as you have been. I just resent being singled out for attack when making factual comments. It takes all kinds to make an interesting thread. I will just number you in the active/positive regardless column.