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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From: Gary Kao	5/8/1996 12:33:00 PM
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You have been one of more frenetic backers of PRST. I am worried about what AOL's Motley Fool just wrote today about Cabot and PRST as I've quoted below. Can you respond? Could Cabot be manipulating PRST stock? >The most stunning show was a series of stocks that have been powered>upward by Carl Lutz's Cabot Market Newsletter. Given that Fools eschew newsletters, you might not know that Mr. Cabot has managed an average 10.2% return over the past 15 years according to Hulbert's Financial Digest before commissions and spreads were deducted. This is compared to 14.8% for the S&P 500, a return easily duplicated with an index fund. Despite this lackluster showing, readers of the Cabot Letter buy the heck out of stocks. . . names like Presstek (NASDAQ: PRST), Zoltek (NASDAQ: ZOLT), RGB Computer & Video (NASDAQ: EDIT), and now JLG Industries (NASDAQ: JLGI) are all, in part, products of Cabot. JLG Industries climbed $5 3/4 to $61 1/4 after a Cabot recommendation, although its brethren fared more poorly: Presstek fell $6 1/4 to $141 3/4, Zoltek was off $8 5/8 to $82 and RGB Computer was down $2 1/2 to $13 1/4. As Fools are never nimble traders and Cabot's longer-term record is quite ugly, I would evaluate any stock it recommends on its own merits.

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