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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Jan 29 9:30 AM EST

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To: Jim Fleming who wrote (906)7/25/1996 10:38:00 AM
From: Pierre Panet-Raymond   of 11098
 
Sorry Jim. Ever thought of launching a class action against Lutts. To date he is only a party in the bigger picture.

Adast do not have the ability to produce this size of press at a profit at a price point that could make it attractive. Adast are known for less expensive products in Eastern Europe. They do not have the sales and service support network to handle a North American rollout.

You also must bear in mind that Heidelberg had a right of first refusal on manufacturing this type of Press and they obviously passed.

It is not too late to buy some Puts and recoup some of your losses.
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