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: paul abramowitz who wrote (6168)	9/14/1997 8:13:00 PM
From: Olu Emuleomo	of 11098

Paul A, As usual you have done some impressive research to turn up news that may have a bearing on Presstek's stock price. However, I was struck by a paragraph in the first link. kodak.com >>>Ownership of the joint venture is split equally between the two companies. The venture's first new product offering is expected to be demonstrated in the year 2000. <<< This will not have a bearing on PRST until possibly the year 2000 (if everything goes OK); that's next decade, just too far away. Also, PRST technology wont remain stagnant. The 2nd link kodak.com mentions 4th qtr 97' which is right round the corner, so we should have seen the effect on PRST stock price since Sept 3. However, I cant discern any effect. (Since Sept 3, PRST has actually had 2 days of large volume upticks followed by 4 days of downticks on low volume) Looks like PRST is still the stock of this decade :-) I remain long and bullish. --Olu E.

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