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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Feb 6 9:30 AM EST

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To: John Tooker who wrote (630)7/3/1996 9:52:00 AM
From: Ed Zhao   of 11098
 
I agree with John Tooker that it's not possible for Presstek to have a market cap close to Xerox.

As I said before, Xerox machine is a REVOLUTIONARY product targeted at completely new market at the time of introduction. Printing industry, however, is a much mature industry even at the time of introduction of Xerox machine. The industry is continuously incorporating new technologies into the products. Presstek's product represents one step of EVOLUTION in the industry.

I was a material scientest, had worked in a few presitegous research organization. There're too many talented people cooking all kind of ideas in this area. Hundreds of patented are filed every month. Chances are some of the ideas and patent will outsmart Presstek.

The odds are against Presstek.
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