Presstek -- Stock of the Decade?? Message Board

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

PRST 0.0001000

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Jan 16 9:30 AM EST

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To: paul abramowitz who wrote (3304)	6/7/1997 12:57:00 PM
From: Olu Emuleomo	of 11098

Paul, You write.. >>As to Olu and your charts, I believe PRST just made a double top which >>my technical friends tell me spells disaster. I still like fundamentals, but it looks like >>the technical analysis and fundamental >>analysis is in agreement on direction- I sorry to inform you that you are wrong!. Take a look at the chart of SEG; then tell me if PRST has formed a double top or not! BTW, the chart formation you see in PRST right now is 'cup-and-handle' which usually predicts explosive upside movement. (If you are interested in TA, I recommend THE TECHNICAL ANALYSIS OF STOCK TRENDS by Edwards and Magee amazon.com) Paul, seriously, let me give you (and your fellow shorts) some free advice out of the goodness of my heart! If you see PRST in the lower $80s and you fail to cover, you may go broke, unless of course you are a millionaire. Even if you are, 50 points is still a lot of cash :-)) --Olu E.

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