Presstek -- Stock of the Decade?? Message Board

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

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Sep 29 10:16 AM EST

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To: Jack F. Lynch who wrote (204)	6/5/1996 7:19:00 PM
From: Eric Klein	of 11098

Considering that the P/E is at least 300 (even at the lower price) and the Price/Sales is around 50, just from the fundamentals, the stock could easily fall to 10 and still not look that cheap. However, with all the short sellers that have been burned on this stock, they'll probably cover at 50, so in the intermediate term I'd say it will go to 50, but may gain strength there. I feel for the guy who posted that he bought at $175. I don't think it will ever see that level again (at least in this century).

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