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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: NEIL MACK who wrote (2731)5/11/1997 10:18:00 AM
From: Olu Emuleomo   of 11098
 
Neil,

Riddle me this. Why are PRST insiders NOT buying? I have been
monitoring insider action for a while. Since they sold massively
in May of '96, they havent bought since then. I would expect some
insiders to have bought below $50, especially those who sold
all their holdings at that time!
Remember Iomega? My #1 buy signal was when an Insider bought
22,000 shares at a split-adjusted 6 3/8 in Feb '95 even though
he already had about 20,000 shares!

In april of 95, same insider bought another 30,000 shares at
10 1/2 or so.!!
(He probably mortgaged his house to do so! :-)) )

Insider buying by PRST insiders will give me more confidence
in my chart reading!


Cheers

--Olu E.
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