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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Feb 6 9:30 AM EST

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To: joe inti who wrote (649)7/5/1996 1:39:00 PM
From: James C. Shircliff   of 11098
 
I'm also excited about the revenue increases to come. Let's see, I am an optimist so I expect revenues to double about THREE times!!! This will give PRST dynamite revenues of $200 million or only 10% of the entire printing market. Then, using a 15% operating margin (near KODAK's), we'll have $30 mil of oper income. Take out a little interest (expansion costs, ya know) tax it and you've got about $ 1 per share in earnings!
Give that a nice multiple of 30x to 40x and, VOILA!
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