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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: Nanny who wrote (7476)12/23/1997 10:14:00 PM
From: James C. Shircliff  Read Replies (1) of 11098
 
Words from MF:

"What the SEC alleges Howard and Verrando did, after all, only makes sense in a world in which a company's executives see shareholders not as equals to be leveled with, but as sheep to be deceived and led. Why would it have been in anyone's interests for shareholders to think that the company was going to earn more in 1996 than it was? Eventually the numbers were going to come out. But short-term run-ups often allow those in the know to dump shares and reap enormous profits, leaving small investors holding the bag."

Could this be true?

Some of you in The Family may remember this old chestnut:

"The fish rots from the head."

And

"Be careful not to drink the Koolaid!"

Happy Holidays!

Bye, again.

Jim
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