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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: Nanny who wrote (5400)8/26/1997 9:13:00 AM
From: James C. Shircliff   of 11098
 
I hear a lot of whistling as the graveyard approaches!

Six figures long? I am duly impressed. Especially if you are a smart lady and have diversified so that the PRST position is about 10% of your portfolio. That would make you worth $40 million at the minimum. If you have 5% in PRST, you are worth $80 mil!
(Are you on the cover of this issue of Fortune?)

To the bulls, we are now well into the third year after DRUPA and this company is still not selling enough plates to be material enough to break out. Even the platesetters are selling poorly (once touted as a big future item by the letterwriter and the "analyst." The big numbers are nowhere in sight except in your mind and on the lips of the retail broker that put you into this.

And you thought that denial was a river in Africa!

Now you really need to be careful with the big print show coming in Sept. You will cheer the pearlgold but the competitors may drown out your cheers.

And is there really an impending break in the ranks of the fraternity that "controls" the stock? That would do far more harm (IMHO) than a down quarter! I don't have any concrete information so no use hounding me (I don't actually care). I'll just sit back and enjoy it when it happens.

Jim
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