Presstek -- Stock of the Decade?? Message Board

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

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Sep 29 10:16 AM EST

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To: Richard F. Hubbell who wrote (784)	7/16/1996 5:28:00 AM
From: Richard F. Hubbell	of 11098

Hugh, Jim, Ferdi, Jack, Pierre - Got a strategy? I'm selling remaining long leg on any strength today, after unwinding three longs and a short on Monday. Covered daytrade short before I got news of fourth lawsuit. Will then be sitting 100% short from 190. Don't plan to daytrade if goes into free-fall. Will wait for bottom - this thing could unravel fast, and fall far. Propose that big shorts will not cover this time - they will ride it to the end. Hence, little chance of significant bounce. I would like to hear your ideas. Especially on this subject: What could turn this around - is there anyone (with enough ammo) willing to buy? Thanks, RH

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