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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Dec 5 9:30 AM EST

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To: NEIL MACK who wrote (2987)5/29/1997 11:01:00 AM
From: James C. Shircliff   of 11098
 
Sorry, I am still scared of certain "long interests" in PRST.
Otherwise, I would love to meet all of you. I will be there in spirit.
Neil, Neil, Neil, m'man. Cute the way you tried to make the readers on this thread think that I was confused about the "reusable plates." You, of course, know that I was referring to the "ERASABLE, REUSABLE" plates.
Let me quote from a very respected Printing Industry publication about what may be in store : "...an on-press platemaking system. Conceptually, it is similar to what Presstek developed ... but ... differs in that it will have erasable, reusable plates that stay mounted on the press between jobs. They can be imaged in just one minute ... and erased and cleaned in several minutes at the end of the run, for a total cycle of less than five minutes ..."
Now, you will laugh (nervously) and point out that "AHA! Old news! Where is that marvelous technology?" Coming! Just like PRST's interim technology. Be careful! This is technology! Can change in a heartbeat when other larger, and better financed companies decide that the market is worth entering.
It seems that you bulls are all disciples of the
Pollyanna
Investment
Stock
System for
Ostrich
Fad
Followers.
You keep a happy face with your head in the sand while getting P'O'd at anyone who has an opposing view. (Neat acronym, huh?)
And the shortsqueeze scam again! You forget that there are about SEVEN shares long for every share short. Potentially seven times the probability of a LONGSQUEEZE than a short squeeze. You can't see that with your head buried.

Please enjoy a laugh "on me" or "at me" at the Anal Meeting.
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