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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 (136)5/29/1996 11:39:00 PM
From: David L. Dennis   of 11098
 
Neil do you work for PRST or Cabot?

I am neither long or short the stock, no call or puts, hence I have
no emotional attachment to this stock as you do.

With no vested interest, I must say that your comments make snake-oil
salesmen blush. Plus, you must have a huge portfolio to continue
purchasing 500 shares of $150 stock. By my calculations that is
$75,000 +/- in addition to all the other PRST you claimed to have purchased
during the past couple of months. Thats real money.

The adage of "A fool and his money will soon part" is still true.
Unless you inherited a bundle, or you fit the above stated adage.
I find it almost impossible to believe that someone would invest their
money as you suggest you have unless you have inherited a bundle
and are tired of Las Vegas (in Vegas the drinks are free and the girls
are pretty) or are Cabot and PRST are providing you with similar benefits.

As I have stated your (and other snake-oil promoters) will tarnish a
wonderful opportunity we all have. Your statement about why insiders
are selling is noticably absent of the fact that the few institutional
owners of the stock are also selling 280,000+ shares. Or that there is
over 2 million shares of stock that has yet to be registered for sale
in the open market.

If your going to tell the story, at least be honest and tell the truth!

I anticipate the repsonses that will come from this will probably
resemble something similar to that of the Montana Militia. However,
my goal is to keep open, honest dialog, not the utopia that you
espouse.

It will interesting to see what how many times "NEIL MACK" changes his
correspondent name when the inevitable PRST fallout occurs. Whatever
your name is I hope you sleep well.

I await your comments
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