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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: paul abramowitz who wrote (7271)12/13/1997 4:18:00 PM
From: NEIL MACK  Read Replies (1) of 11098
 
Paul, you ask........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?

As this reporting possibility could not even occur until mid year 98, I fully expect sufficient forward information regarding other current and future ventures that would make that issue a total non-event.

In other words, there would be no suprises and the stock would be trading at levels that are multiple of todays pricing. If the remote posibility existed that there is a pause in the action, you can bet Presstek has already introduced new products and technology to overcome any possible future temporary reduction.

Paul we completely disagree in regards to on any significant decrease in earnings happening for the first quarter. I just don't see it.

Neil
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