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

To: Grant MacMillan who wrote (3593)	3/31/1999 4:18:00 PM
From: Rick Thomas	Respond to of 8117

I think you summed it up Grant!. Where's the Beef?

To: Grant MacMillan who wrote (3593)	3/31/1999 4:31:00 PM
From: Jack Rayfield	Read Replies (1) \| Respond to of 8117

Sadly I agree with you Grant. I think the announcement of orders is the only thing that will move the stock. But you may be surprised, if nothing is announced regarding when the FAST 1 will be available in significant quantities then even an order announcement may be ignored as an order does not become revenue/earnings until it ships. I thought that the mention of AMR was very positive. But I wonder what the sales price to the distributors mentioned would be, if the price to the ultimate consumer is $98.50 then the distributor will have to make a margin so the revenue to Pyng would be reduced so I can see why cost of a mass produced version is key especially in this distribution channel. I think the distribution of the FAST 1 through several regional distributors is positive as it will probably mean a quicker ramp up in demand for the product sales to low volume customers because the distributors will already have a customer list to "mine" versus Pyng having to handle all the frontend customer contacts. The reduction in gross margin should be more than offset by the increased volume sold. And hopefully Pyng will also have significant direct sales to the military and other large customers like Rural Metro and AMR.