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: NEIL MACK who wrote (584)	6/29/1996 3:35:00 PM
From: peter spinner	of 11098

I'm neither long nor short but I have one question for the LONGS. How can you justify a price of 65 dollars. I understand that PRST has a revolutionary technology, but their earnings are a long way off to justify such a price. In other terms, Intel has revolutionary technology but trades at 14 times earnings. Please explain how you justify such a price. Future earnings is not an answer. As far as I can tell this stock should trade between 20 and 30 until it proves itself to be a professionally run company with solid management. Just an opinion

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