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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: Mark T Warren who wrote (2936)5/26/1997 2:47:00 PM
From: Ivan L.   of 11098
 
Mark:



I started to waste my time writing a response to you.....but. Can't you think up better?
Here is something better: on June 9, 1996 prst slid from 200 to 150...the next day down another 35pts.......then down to 42..at one point slumping down to 39. If you would have bought in, for example,
at 160, in three days, you would have lost 70% of your money--how about people that bought in at 200!!!!!!!!Never mind all "genius" that bought it from T. Green Securities at $8. Yes, they made money. You see, they were part and parcel to a stock manipulation. If you look at the 34Act stock manipulation is a Federal crime. Let me assure you, the whole street knows "what's up" with this game. Is it worth your honor to be part of this game? Will you be ready for the next slide?
You will go on vacation and brag to your friends of "your" stock that's up 80%. What about when you come home to find out it lost 70% of its value? "IT's different this time," you say. "When pigs fly," I say.

Mom, did you understand any of this? Let me know if you didn't--I'll have some on rush over and read it to you.



Love,

Ivan
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