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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: Pierre Panet-Raymond who wrote (1273)4/15/1997 10:39:00 PM
From: Acey   of 11098
 
Pierre,

I was just reading your post #1273, which at the time must have seemed impressive to most who have read it. Looking back, however, you were wrong about most of the things regarding PRST and their future performance....you spent so much time trying to explain how ridiculous Lutts prediction was on shipping 40 kits/month by April 1997! Well, we're hitting 80 in September, after that, who knows! You've got to believe Lutts when he says one can profit from the "unforseeable and incalculable".

It's all over for the bears. PRST will not break 40 unless the market falls VERY significantly...if that happens, then I've got more things to worry about than PRST. Earnings this quarter should show the beginning of its future accelaration. IN THE 4TH QUARTER ALONE, PRST WILL MAKE ABOUT $28 MILLION JUST IN ROYALTY AND KIT REVENUES. Investors are looking to the bright future for the company, which, to the bears dispair, if finally right around the corner.

Good luck to all either way (go Red Sox! 10-1 last night)

acey
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