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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: NEIL MACK who wrote (132)5/29/1996 12:59:00 PM
From: Kit H. Lou   of 11098
 
I am sort of new to PRST, having bought in recently around $175 (still kicking myself for not buying when it was 50 last year). I have to admit that the pe scared me away initially. PRST must be one of the stocks with the highest pe. However, the long term prospects (as most folks here know) are astounding.

I would appreciate answers to the following questions (if anybody konws) to try to get a better assessment of PRST.

Do you know what the Street is expecting for PRST in 96, 97 in terms of revenues and earnings? (I've seen 100 presses in operation by end of 96 and 1000 by end of 97).

We know that PRST makes roughly $7.00 per printing plate. How much do they make for each press sold? Do they not have joint ventures with other manufacturers besides Heidelburg?

When do you see the current slide in PRST ending? (Hopefully, a share split announcement will come out soon). It seems like a great buying opportunity today.

Thanks,

Kit H. Lou
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