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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: Thomas J Engelsma who wrote (2778)5/13/1997 9:56:00 AM
From: James C. Shircliff   of 11098
 
"First your money, then your clothes..."
Count, is that motto you posted for PRST investors also?
As for the niche business, PRST/Heidelberg stuff is still such a small niche that PRST does not even break out the plate revenues 2 years after DRUPA. In your mind you may believe that someday it will be more than a niche and you may be right, but for now ...
Before I go on, I want to give Neil a genuine compliment on his research. Great work, honest! (Glad I'm not still short, the boys may try to run this again!)
One more thing for all to note: the installed base of offset is very large and will not roll over immediately to let PRST/H'berg in overnight. What are the printers going to do, throw out their offsets immediately? You think PRST is taking a long time with QMDI-type plates? (Two years and tiny revenues from plates) just sit back and see how long the gold will take!
BTW, Does anyone know "BMUSNSOILDH?"

Jim
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