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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 (1130)8/15/1996 6:36:00 AM
From: Richard F. Hubbell   of 11098
 
Jim S - Thanks for the heads-up on the Forbes article, here it is:

forbes.com

Mutual funds dumping the momentum stocks. Presstek mentioned, along with the usual others: MRVC, ZOLT, ASCD, AOL, USRX etc.

Earnings growth not helping these stocks, as evidenced by USRX doubling earnings, and other examples.

Momentum plays are expected to be out-of-favor for a long time.

No more short squeezes predicted.

A good read.

RH
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