Presstek -- Stock of the Decade?? Message Board

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

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To: Robert Smith who wrote (1034)	7/31/1996 7:49:00 PM
From: Gary Kao	of 11098

Ok, here's a contrarian view: Licensing generally means low payments, unless you sign an exclusive contract or there's tremendous volume. No where in the press release does it imply that the entire production line is being converted over to PRST --could be just a smart hedge on the co's part. THe BIG QUESTION of PRST's plateau-ing volume growth has been addressed by many already. To summarize, one small licensing deal with a two-bit 3rd world pressmaker still does not justify a PE of 200+, for gods' sake. Fire away! GAry

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