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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: James C. Shircliff who wrote (1089)8/12/1996 5:35:00 PM
From: David Pace   of 11098
 
Nonsense...

The stock is going up because people are not afraid of it anymore, and they are realizing just how good the product is, and just how undervalued the company is. If it was a short covering (perhaps Pierre), then ask yourself why the short was covering. Because he or she thought that the stock was going to go down some more? Nonsense. The only explanation is that the short recognized that this stock is going back up. The scare is over. Time to cover at the rock bottom for the forseeable future.

Don't kid yourself into believing that this company doesn't have enough of a product and enough of a start to do some real moving within the industry.

DHP
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