Presstek -- Stock of the Decade?? Message Board

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

PRST 0.0001000

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Sep 29 10:16 AM EST

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To: Pierre Panet-Raymond who wrote (7129)	12/2/1997 2:53:00 PM
From: dkmax	Read Replies (1) of 11098

As I understand it, Heidelberg asked PRST to increase production to 80 kits/month because they were trying to catch up on a backlog of orders. Now you want us to believe that Heidelberg management has suddenly noticed that they have over 500 kits stacked up in their warehouse and have told PRST to step on the brakes. I don't believe their management is that dumb. Speaking of dumb management, Paul tells us of a printer who has such a good grasp of his own market demand that he ordered TWO QMDIs. Now that his marketing staff can't keep both of them busy, the blame is going to PRST, of course. To GV Tucker: the sales of PRST by Cabot Mgmt most likely represent redemptions by clients who either need the cash or are unhappy with the way their money has been shrinking, rather than a stealthy retreat by Lutts. Sorry to pick on just the bears today. There is a lot of bull coming from the bull side, too.

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