Presstek -- Stock of the Decade?? Message Board

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

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Nov 14 9:30 AM EST

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To: joe inti who wrote (2984)	5/29/1997 2:08:00 AM
From: NEIL MACK	of 11098

To All: The press releases for the Imprinta and PEARLgold plate that were officially announced today, were everything we could have hoped for. The new plate technology will be shown by 8 different key vendors that will be imaging the PEARLgold in front of 75,000 visitors! Interesting to note that the short interest on the Nasdaq was issued today. Presstek shorts covered less than 24,000 shares, still leaving 3,035,514 shares shorted between 4-15 and 5-15. Hard to believe that the stock gained 16 points, advancing from 54 to 70 over that time period. Anyway you slice it, that is 16 x 3M = $48M loss to this segement of the investment world. Boxed or not, these shares are tied up and represent a large portion of the pie and do not appear to be trading. What % is not boxed must be quite concerned. Neil

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