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

To: AriKirA who wrote (3827)	5/22/1999 5:55:00 PM
From: Jack Rayfield	Read Replies (2) \| Respond to of 8117

Thanks again Ed You have given us more information in the last week then we have received in the last year on this thread. I have to say I am disappointed by alot of the information. I would like your opinion on one thing. What did you learn that you think could effect the stock price positively in the next 7 months? When you consider: 1. Pyng is not taking orders. 2. Mass production is at least 6 months away by Pyng's own projection. In one of your posts you seemed to indicate you were adding to your position. It is hard for me to see why as on the surface it appears that the best PYT can do is hold its own until mass production is online and orders are accepted. I think Ari makes a great point, it is ashame that the FAST 1 has gotten such rave reviews and apparent buy in from the Military and Rural Metro yet they are going to have to wait 7 months to act on the positive results. I think there is definitely a danger of losing some customers to inferior products just because they are available now. I am really not that negative on Pyng. I would just like to hear what some of you have to say on the subject. Are you just content to stay put because the future run could be so good or do you forsee news that could move the stock.

To: AriKirA who wrote (3827)	5/23/1999 8:05:00 PM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 8117

Ari, as I have stated, I am anxious to get to volume as soon as possible. There is no doubt that the military would go with the best available device if ground troops entered the Kosovo conflict. Yet, I like some of the potential FAST1 changes, one of which I outlined earlier. The big question is customer loyalty if Pyng are second or third to market. With so many medics trained on the use of FAST1, this may not be as big a deal as I had thought. A individual for whom I have great respect and who has no association with the company or its shares, tends to agree with management's position to a fair degree. The question I raised about a competitor possibly making a major sale of a competing device in Kosovo was posed exactly the way I received it. The "major sale" qualifier was mine not management's. I suspect that Pyng management would have some knowledge of a major sale by a competitor to the US military. At this point in time, I doubt that such a sale has been made. Regards, Ed