Presstek -- Stock of the Decade?? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mark schwartz who wrote (513)	6/26/1996 11:45:00 AM
From: Meng Soon CHEO	of 11098

Just read the electronic version of WSJ on the web. (https://interactive3.wsj.com/edition/current/summaries/front.htm - you need to register first). Many of the points were repeats and summaries of various negative articles published in the last 4 weeks that had caused the steep "correction" to PRST. Strangely though, the masses are still responding to a "repeat broadcast". It does has some positives though, like "when Mr. Lutts turned bearish ahead of the (1987) October market crash." and also "Mr. Lutts picked winner after winner. He recommended American Power Conversion Corp., a maker of computer batteries, at $1.50 a share in 1990 and pulled out at $8 to $18. He unearthed Summit Technology Inc., a maker of optometric lasers, in 1987 before a spectacular seven-year climb in the stock." Seven-year climb! Imagine that happening to PRST! WOW! Anyway, seems like human just hate anything negative (and ignoring the positive and their potentials). No wonder they say that "No news is good news".

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next