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: eric siegel who wrote (645)	7/3/1996 8:16:00 PM
From: Richard F. Hubbell	of 11098

Hi Eric Thanks for the pleasant note. I agree, this whole thing is fascinating. No matter what position one takes on the future prospects of PRST, the one thing we all seem to agree upon is that it won't stay at the present price indefinitely. The bears are hopeful that it will go down, and the bulls that it will go up. This is a perfect example of the capitalist system at work. We all need to remember that when we transact in the market, whether we buy or sell, it is never done in a vacuum. As a bull, when you buy then there is someone who sells to you. As a buyer you naturally hope it goes up - the seller, without whom you never would have been able to buy your shares in the first place, figures that it will probably go down. Neither side can exist without the other. Neither side is always right. The people that succeed year in and year out in the market are able to see it from both directions and are also able to change their strategy as time and the facts dictate. Hope you write again, and good luck to you. RH

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