Presstek -- Stock of the Decade?? Message Board

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

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To: Acey who wrote (3043)	5/31/1997 4:14:00 PM
From: McNabb Brothers	of 11098

acey, What buisiness school ever taught that paying 24.2 times price to sales and 160 times price to earnings was good buisiness? Try to buy any buisiness in the world with those ratios and see if there is anyone who will loan money. If you can, I have a buisiness to sell you. When you buy stock in a company, you better buy it like you were buying the whole company. Momentum buying may take PRST higher, but you can bet the market will eventually find what it's fair price is. And its not 30,000 feet up where it is now. Watch out below PRST will come back to earth sooner or later. Good day Mike McNabb

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