Loren:
Your intro says it all:
I work for a company that sells cotton/wood pulps to the paper industry. One of
our main markets is the filtration paper market, i.e., the people who make the paper
that goes into air/oil/fuel filters. Since our pulps show up in about 75% of the
world's filters, it should be obvious that we sell to every major filter paper maker in
the world.
With just about every one of these customers, we have supply agreements that
cover supply volume, pricing, volume discounts, rebate schedules, etc. Guess what?
We don't tell anybody about these details, because:"
BECAUSE IT IS A COMMODITY PRODUCT SOLD ON PRICE AND DELIVERY.
Prst is supposedly a high tech patent protected technology. How often we have heard Nanny, Neil, Tom, and Lutz bragg about the ironclad patents.
This absolute duck by Presstek management is indicative of their total (IMO) disregard for their shareholder. When news was good from Hdlbrg, they posted order size, backlogs, shipments, etc. Now that Hdlbr, their 80% customer says they are reducing orders, they can't release info for competitive reasons. (perhaps somebody wants a piece of these declining sales?)
If I were long Presstek, I would outraged. As a short, I find it consistant with the game "hide the ball". |
