Here are some other "uncertainties" re Presstek that it would be advisable for a shortseller to "spend time working on".
Will global warming cause average temperatures in Hudson, NH to rise sufficiently to interfere with chemical processes in plate manufacture, causing plate material to melt and drip on floor?
Will employees slip in gooey melted chemicals, precipitating costly personal injury suits, increasing Presstek's legal expenses?
Will "uncertainty" about quality of construction on new Catalina plant raise possibility of hole in roof through which rain will fall (for proof of precipitation history in northeast states, click here: met-www.cit.cornell.edu -- rain which will rust key component parts of manufacturing equipment; similar uncertainty re Heidelberg: Will European roof-holes result in devastating European rain-damage to presses?
Will all cost-cutting, profit-enhancing measures taken by Presstek perversely actually increase "fixed costs" and "problems," demonstrating superior wisdom of some other policy, namely one that would NOT improve products and processes?
The above remain ominous "uncertainties", as do the following:
Will Bill Gates enter plate-manufacturing arena? Gates known to have interest in text, illustration and inventions, as demonstrated by his purchase of Codex Leicester and rights to the Bettman archives. Will Gates apply vast resources of Microsoft to developing and patenting a superior plate? If Microsoft plate violates Presstek's patent, will Gates purchase US Patent Office?
Related uncertainties: Will John Dreyer be coopted for Gates's board? Will Robert Howard be hired as Gates consultant, thusly creating gross conflict of interest with himself? Will above uncertainties cause nervous collapse of entire Lutts family necessitating extended care in expensive sanitariums financed by forced sale of all Cabot Presstek shares? Will Cynthia change her last name to Defeat? Will a vexed SEC recommend indictment of Neil Mack? Will legal bills force Mack to flood market with his own Pressek shares, driving share price down, at last, to $20? |
