Presstek -- Stock of the Decade?? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steven B who wrote (860)	7/22/1996 12:15:00 AM
From: roy hendin	of 11098

nobody out there has answered my question about earnings ... is there any rational basis for thinking that earnings will exceed 8 to 10 cents per share? also, can anybody offer a decent answer as to why this stock sells so high? why, in the face of 8 cents per share earnings last quarter, an all-time high, is the stock selling for $61.50/share? but given it's trading history, and that the 52 week low is about 38 or so, why would earnings at the same 8 to 10 cents per share drive the price down? i guess the bottom line question is this ... is there anything whatsoever that's rational about this stock? sure it may drop to 50 or 40 or even 10 tomorrow; but given the irrational nature of this stock, is it just as likely to go up to 75 or 85 by week's end? I mean, who can explain that it's at 61 after all that's happened over the past 6 weeks?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next