Presstek -- Stock of the Decade?? Message Board

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Technology Stocks : Presstek -- Stock of the Decade??

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Sep 29 10:16 AM EST

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To: Thomas J Engelsma who wrote (1129)	8/14/1996 1:30:00 PM
From: James C. Shircliff	of 11098

New Forbes article The new Forbes (aug 26 issue) has an article which is entitled, "The Death of Momentum." It's on page 104. The advice of the article is to get out of mutual funds which play the momentum game...buying stock simply because it is rising in price. These stocks have now hit a wall and the mo players are starting to dump them. The article mentions the stocks which have been played "to squeeze the shorts." They are Presstek, Zoltek, Solv-Ex, MRV, AOL. The first such fund mentioned in the article is Twentieth Century Ultra. Incidentally, they are the largest PRST holder outside of mgmt withabout a quarter million shares. They are governed by the prudent man rule. If the "difficulties" cited in the NT-10Q are significant PRST may lose at least this holder. Jim

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