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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: Steve Andrew who wrote (7608)1/2/1998 1:27:00 PM
From: joe inti  Read Replies (1) of 11098
 
You said:

>The vaunted PRST technology and patent promise has not, and most likely will not, produce the stream of SUSTAINABLE profits sufficient to keep the stock price at its already inflated price

What is a fair valuation for PRST? Is it a P/E ratio equal to its growth rate. Is it a P/E ratio equal to 60% of its growth rate?

The P/E ratio is 65. With the stock price under $30, the P/E will remain in the 60s for the next 3 1/2 months.

What is a fair valuation????
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