Presstek -- Stock of the Decade?? Message Board

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

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To: James C. Shircliff who wrote (2806)	5/15/1997 11:35:00 AM
From: dkmax	of 11098

I agree that IF PRST would grow its earnings at a compounded annual rate of only 25% for the next nine years, then it would be overpriced at today's prices. (Similarly, IF a Boeing 747 flew 80 mph, it would take a day and a half to fly from LA to NY). However, PRST is trading on the assumption of a far greater earnings growth rate. In that case, it may be cheap. Time will tell.

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