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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 (1292)9/8/1996 11:21:00 AM
From: Thomas J Engelsma   of 11098
 
Jim, for discussion purposes take a look at the forcast table
at digitalmall.net. The
table is not expecting PRST to achieve better than 10% of the
plate market in 7 years. And the valuation of the PE column is
PE=18. That puts PRST valued at 38 3/4 by year end, 94 1/4 by
end of '97, and 172 1/4 by year end of '98. Think we'd all better
keep our eye on the progress of the manufacturing and the cost
reduction claimed by using Catalina's process.

gca.org is a daily update of Graphic Arts
headlines, during the next month will be checking this quite often.
Will add link to this page at the PResstek Research page.

Pierre, that Top 50 list didn't look all to good for PRST -- didn't
expect it to. Also kinda explains the DROP in volume during the last
month. Have you got any connections to people going to Seybold?
Would be interested in knowing how many pieces of equipment are in
the printer's turn key set-up. Curious if Heidelberg is catering at
all to 'startup' printers (color is a growing market).

Neil, give me a call sometime, have finished the move, and settled
in, have some time now.

Later, TOM
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