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Technology Stocks : Worst stocks for '96

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To: lamont smith who wrote (1)12/29/1995 10:32:00 PM
From: anna   of 312
 
There is an article today in Investor Bs Daily by C Kinou Treiser p. A11, talking about PRST.
Quote: "Presstek Inc. surged 6 7/8 to 97 3/4. Stock of the company, which develops digital-imaging technologies, has been heavily shorted. An indicator of just how large the short position is: if all shortsellers had needed to cover their positions yesterday, the market would take 18 days to fill their buy orders, based on an average daily volume of 50,000 shares. Those shorts have been under pressure since November, when the stock started climbing from 48."
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