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


To: Jack Rayfield who wrote (3828)5/22/1999 6:59:00 PM
From: esxtarus  Respond to of 8117
 
IMHO which does not mean much. It looks like they are being very careful as to not make any mistakes before mass production.But at least I have something to look forward to after I retire Aug 1st if it takes next year fine sooner fine too. I believe in the FAST1 or I would not have been around 3 years. I believe its going to make it even without the military. So all we can do is sit back and watch and wait or sell and come back later. AND thanks ED for all the information I know a lot more now because of you Thanks again. BEST REGARDS to all.



To: Jack Rayfield who wrote (3828)5/22/1999 9:37:00 PM
From: GWD  Respond to of 8117
 
Hi Jack
Excellent,and very realistic post jack.After all is said and done we are finally getting to the bottom line ,the share price,and that is the reason most of us invested in Pyng to begin with.Maybe management is not to concerned with the current state of the shares,but I can assure you the investors who bought in at $6.70 sure are.As you correctly stated nothing significantly will happen in the next 7 months.Management seems to be reluctant to take orders untill the FAST1 is in mass production.A decision which carries both positive and negative results,but lets call it a calculated risk by management.So what will happen in the next 7 months.The TA forecast is not very bright.Fundamentally nothing much will happen except the odd news release regarding distribution rights,medical conferences,refinement of FAST1 ect,ect.Nothing that will bring back the shares to $6.70.IMHO only a letter of intent for 10000 orders from the U.S. military could do that at this stage.Maybe a rumor about a interest by J.J will pop up again and we will see a bit of a flurry.Maybe Pyng will finally start a PR campaign,and make the investment community aware of what a great product FAST1 is.On the downside you are correct if the U.S army decided to go with a inferior product in the short term because of any ground troop involvement in Kosovo,this would have a very negative impact on the share price.Anyway personally I am holding,been here to long.Still believe if all the pieces fall together as they should in a year this stock could easily trade for $10.00
Regards GWD