Presstek -- Stock of the Decade?? Message Board

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

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Jan 16 9:30 AM EST

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To: NEIL MACK who wrote (7269)	12/13/1997 3:13:00 PM
From: paul abramowitz	Read Replies (1) of 11098

Neil: You state: "I believe all of us will agree that any new "significant developments" or "major agreements" that may be announced from Presstek in upcoming months will create havoc in this stock, again sending it skyrocketing in price." Neil, sorry to disagree, given the long lead time for product introduction, and a market that is less inclined to value hype without substance. Neil the only thing that will move this stock is performance. At current levels, this stock implies continued, uninterupted growth of 70 to 100%. This isn't going to happen (IMO). Neil, as long as your willing to speculate on the impact of a Press Release, Hypothetically, if Presstek were to report revenues 30% below the fourth quarters, what multiple/price do you anticipate the stock to trade at?

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