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.>>> |