Presstek -- Stock of the Decade?? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Kao who wrote (59)	5/10/1996
From: guy leung	of 11098

Your right, the other senario would be that PRST earnings never catch up to its expectations. Then certainly this stock will fall and very hard and very fast. But until the earnings results are determined one way or the other this stock will not fall. This stock moves in one point increments so a 10 point move is just a very small down tick. This stock has moved 35 points in the last three weeks. What is one 10 point down day? I am personally not a believer in this stock for the long term. I have talked to people in the printing industry and they tell me new technology is developing very rapidly and in two years the PRST technology will be surpassed. Of course this is just their opinion. I also believe print material will not be in as much demand in the future so the PRST will be in a shrinking market. But for the short term, what a great stock to trade. How many stock do you know of that moves from $10 to $150 in the spand of 2 to 3 years.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next