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

To: Rick Thomas who wrote (3780)	5/19/1999 2:07:00 PM
From: Grant MacMillan	Respond to of 8117

Forgive me, but I have to vent. It seems that any time a stock languishes, somebody blames the MM's. While I accept there is some managing of prices from time to time, how can anybody affect the liquidity of a stock? There is either a buyer or a seller, and the MM, if he even exists, can't control that. Liquidity is created by awareness and perceived value. Could Pepsi achieve their sales targets without high brand awareness and a competitive price? Of course not. Can the Pyng stock trade at high volumes at a competitive price? Clearly not. Why? There is no awareness (I concede the value is there). Why is there no awareness? Because the company doesn't want any. Why don't they want any? Because they are focused on getting the product ready for market. Will Mr. Jacobs want awareness then? Absolutely (he'll want to retire with his millions eventually). Will he be willing to spend what it takes to get it? I think so, I just hope I live to see it. I have to side with Doug on this one. GM