Presstek -- Stock of the Decade?? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Acey who wrote (2373)	4/23/1997 9:07:00 AM
From: Staff	of 11098

Acey - your post >>I DON'T believe the market is going to set any new highs. In fact, I believe this will turn out to be one of the worst bear traps ever set. Lutts remains negative on the market, and his market timing advice has almost always been right on the money. <<< I agree As for your quarter end numbers. Is that growth rate sustainable? The market(based on the price action) does not seem to think it is . I think it once did but not anymore. Key is whether you ( and anyone long the stock) still thinks it is. I have to beleive that PRST will see 40 before 58. Today will be a good day to see what the stock does after having some time to digest yesterdays news. Still think a short position above $50.00 is just not sustainable anymore for any length of time. Should be an interesting day. Good luck to you and as always- time will tell.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next