Presstek -- Stock of the Decade?? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PRST 0.0001000

0.0%

Jan 16 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NEIL MACK who wrote (7223)	12/11/1997 12:42:00 PM
From: Brent	Read Replies (2) of 11098

Neil, IN MY OPINION, you are crazy for buying PRST today. Need I remind you and other lurkers of the following press release. biz.yahoo.com Even if your arguement is that you are a 'long term investor' in Presstek, why not wait until it gets hammered in January or April when the Ubelievable and Astounding growth from the Stock of the Decade is no longer there. The future growth (a year or more away) is debateable as PRST does have a good technology, but short term the growth will not be there. REVENUES FROM THEIR 80% CLIENT WILL BE DOWN! Let's do a quick exercise. Lets assume Hdlbrg revenues are down only 20%. Their 20mm of quarterly revenue turns into 16mm, a 4mm loss in revenue. Other revenue was 5mm, Do you think they will increase revenue from other sources by 80%? NO WAY, especially when you consider that their reliance on Hdlbrg has increased not decreased. What will happen to this stock when, revenues don't increase on a quarterly basis? Brent

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next