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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Nov 21 9:30 AM EST

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To: NEIL MACK who wrote (2761)5/13/1997 1:31:00 AM
From: George T. Santamaria   of 11098
 
> Nothing since the Heidelberg agreement has been so big. What happened after the Imation announcement? <

Please, I would appreciate it if you refresh my memory, and please be specific regarding the behavior of PRST after the Imation announcement.

Take realistic view of the bottom-line effects of the Presstek Gold-- Don't you think that this won't show up on the bottom line until at least a few months after the Catalina plant starts to roll, Jan '98, for example. PRST has spent 12 mo? 18 mo? getting the Catalina plant together. What if they are a few months late? This can drastically affect the bottom line. I think that you are jumping the gun. In fact, if we got a classic short sqeeze run for the sky, I would probably cash out at 130. If the stock behaves well and Catalina starts up without a glitch, I'd stay really long on PRST.
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