Presstek -- Stock of the Decade?? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Presstek -- Stock of the Decade??

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Pace who wrote (1190)	8/22/1996 12:30:00 PM
From: James C. Shircliff	of 11098

PRST's biggest holder touts the stock and hides its position...no big deal you say? As the release said, "the SEC investigation continues." I don't hear the fat lady singing. You saw what happened in the 2Q (june) as someone (20th Century Ultra ?) tried to unload its position of 700,000 shares before the end of the quarter. Guess what? September is 9 days away. Those institutions who have waited to sell the stock higher are getting antsy, I bet. Remember that Cabot also has over 700,000 shrs. Sell? To WHOM? No respectable institution would touch this now ... prudent man rule. Just doing a little research would show what a can of worms could be here. Who will be buying next month in advance of another puny 10 cents to 18 cent quarter? Oh, you are right. I am anxious. You're not? Remember: Winners average UP, losers average DOWN.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next