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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Sep 29 10:16 AM EST

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To: Thomas J Engelsma who wrote (789)7/17/1996 10:10:00 AM
From: Pierre Panet-Raymond   of 11098
 
No Tom they are cancellations. Uarco's 1st QM-DI installed 2 weeks ago in Elk Grove Ill. was bought from another printer who had cancelled his order after it was shipped and billed because they wanted a GTO-DI instead. There 2nd install scheduled for 2 weeks was an outright cancellation. The order backlog would appear to be shrinking not growing. A number of other printers such as Unidigital are worried about their QM-DI's and have in fact ordered an Indigo for their London England operation as insurance. Right now they are taking a wait and see attitude about the QM-DI's before taking delivery whenever.
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