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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: Richard F. Hubbell who wrote (852)7/21/1996 11:37:00 PM
From: Steven B   of 11098
 
Richard,

PBHGX is a aggressive growth with a great 10 year average. Leads the pack. However it has sucessfully as is its goal invested in small company stocks. This may in the next 2 years or so not be great performer.

I have researhed the market trends back to 1927, yes 1927. The bad years were just for me to become a little more educated on factors affecting high/low/low-low. The only thing that has me just a little bit skittish is that this current pattern has a very familiar look to the 1980's fall.

It say a freefall in NYSE-AMEX then held with some rally. The rally seemed to be a flurry by investors not really factoring the reality of inflation probability (not possibility) Then the famous bottom of the early 80's. Not exactly like it but just a thought.

Over the last 3 1/2 years mutuals have helped us all in the fact that so much money has pervaded. With much ventured though much can be loss. If the feds were to say in the next 60 days up interest rate by say .75% or greater the last 3 weeks would be a kiddy ride.

Company failures now to make projections on profits with added cost for investment revenue would cause market to dive with bonds holding to gain quickly.

"Note, I am not a big bond person. However, I do like financial markets also but in mutual or in 2 firms one being Bank of America. The current results of it can be sought and found to be as I said, prettty good.

See ya in a few.
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