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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: cc rogers who wrote (555)6/28/1996 11:18:00 PM
From: Jeff Bratzler   of 11098
 
I have never seen the avalanche of negative press that PRST has been subjected to. Nothing like it. You have to remember that when PRST fell from 200 to 50, something like 1.5 billion (with a "B") dollars were taken out of the market. Pure speculation, but it wouldn't surprise me if certain individuals each made $10 million + on the free-fall. That is certainly enough incentive to collaborate on a few well-placed (barely researched) negative articles in WSJ, Forbes and Barrons.

Ask these simple questions:

1.) What is the total circulation of Cabot?

2.) What is the total circulation of WSJ?

3.) If anyone is guilty of manipulating this stock by supplying
distorted information to the public, it would be... ??

The recent Johannes article in WSJ is one of the most disgraceful
examples of "journalism" I have ever seen. It barely deserves comment (though Neil Mack did a fine job). So ask yourselve one more question:

4.) What is so important about PRST that the Wall Street Journal has
to split hairs and attack personalities, without ever mentioning
anything meaningful about the product, financials or management
of the company?

The "shorts" have had their fun. Buy this stock between 60-80 and
enjoy the ride.

JGB
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