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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: Thomas J Engelsma who wrote (1298)9/9/1996 10:41:00 AM
From: James C. Shircliff   of 11098
 
Tom, I don't know of any technology product that keeps its price constant... pentium chips, computers, medical, etc. The price could easily come down with competition toward its marginal cost. If not, you will not get the growth you project. I don't think Heidelberg would want the price of plates to stay high. IMHO, I think that rapid growth and a constant (high) price will not go together.
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