Presstek -- Stock of the Decade?? Message Board

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

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Sep 29 10:16 AM EST

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To: paul greenspan who wrote (2833)	5/16/1997 3:59:00 PM
From: James C. Shircliff	of 11098

High-tech start ups are priced to the advantage of the VC boys who are putting up the risk capital. Here, the company must be wildly successful for a number of years to justify todays mkt cap. Still teensy plate sales. You guys are putting a wild multiple on the kit/royalty revs! The tornado is priced into this stock today! It reminds me of Snapple. "Look where this innovative co will be when it takes x mkt share of the $$multi-billion soft drink industry!!!" Heard it before. About the short/long thing AGAIN. I was responding to the statement that the longs were contrarians. Ain't true. And sometimes a high short position has resulted in a pink sheet penny stock rather than a wished-for short squeeze. Cheers!

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