SI
SI
discoversearch

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 0.00010000.0%Sep 29 10:16 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nanny who wrote (5429)8/27/1997 11:09:00 AM
From: Pierre Panet-Raymond   of 11098
 
Nanny, beware of taking Neil's or all the other bulls word as Gospel as you state below. I have taken the liberty of posting a few paragraphs from his post # 655 last summer in which I caught Neil in a "slight" exaggeration which I exposed in post # 669 which follows Neil's post.

"As to Neil's list of major investors, I'm sure if Neil says so, it is true. I've found him to be someone I believe, although I do not know him."

<<While ordering some printing for my business Thursday with a small shop in Monroe, MI, (Lamour Printing) I bought up PRST and asked the owner if he was aware of the company....You should have seen his reaction. It was if I was a long lost friend. This guy, (John Lamour) stopped his work, and gave me a tour of his shop, introducing me to each of his 5 employees, showing off his old Heidelburg presses to me and the way he must make plates by hand. He does NOT own a Quickmaster. Says he is just to small, and could not afford the cost of a Quickmaster press although he has inquired with Heildelburg. Said his business would potentially compound many times if he could afford one. Says HE STILL OWNS A BUNCH OF PRST STOCK as well as each of his employees owning shares. He believes totally in this NEW technology and TOLD ME that the Direct to Plate direction is where the printers are headed. He has never heard of Cabot or Lutts and bought the stock based on the input of the other many printers he knows and in speaking with his broker and the Heidelburg technicians that come to his shop. He and the employees are excited about the expected revenue from the PRST plate production. Says he did sell some of the stock at his brokers advice at 145 and again at 89 to take some profit and is looking to buy back in now. Must have asked me 10 times if I felt that the price could go lower so he could get even more shares.

Needless to say, It was a pleasant drive all the way back to my office.

All for now,

Neil >>

<<<
To: +NEIL MACK (655 ) Jul 8 1996 3:05PM EST
From: +Pierre Panet-Raymond Reply #669 of 5439

I think that you exagerated a little Neil when you said that John
Lamour " HE STILL OWNS A BUNCH OF PRST STOCK as well as each
of his employees owning shares."

I spoke to John today and he told me that he originally bought
250 shares at $50 and that he gave away and slowly sold stock on
the way up so that he now holds 125 shares. He gave 10 to his
brother Bob who still holds them, 4 each to his nephews Brian and
Joe who have sold theirs and 4 each to 3 other employees who
still own their shares. Neil, I think that it was a bit of an
exageration to refer to this as a "BUNCH OF PRST STOCK". Makes
one wonder what else you might have exagerated on this subject
matter.>>>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext