Presstek -- Stock of the Decade?? Message Board

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

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Sep 29 10:16 AM EST

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To: Jack F. Lynch who wrote (191)	6/5/1996 8:57:00 PM
From: Jeffrey Margolis	of 11098

Jack. I agree with you entirely about the drivel ridden content of the so many of hte presstek postings. However, it was the level of the discussion of those who were hyping presstek on this forum (they essentailly were saying "you must believe in the presstek story ..."), that convinced me to buy some presstek puts (far too few). It was quite a scare there for a few weeks as the stock went up another seventy points from where i bought them. (135). I'm out now with a nice profit, but having second thoughts about getting out too early, and wondering how low a level this stock will crash to. its my first experience with a crash of such a heavily shorted stock, and i'm wondering whether there's any normal pattern as to whether the decline accelerates, declerates, etc. when the worm finally turns. Any thoughts on this?

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