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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Nov 28 9:30 AM EST

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To: Thomas J Engelsma who wrote (7612)1/2/1998 2:53:00 PM
From: paul abramowitz  Read Replies (1) of 11098
 
Tom:

"Assuming a generous 25% decline in profits next year to 30 cents a share<<
Huh??? You're expecting sales less than 50 mill in 98"

Answer: Very close to. Further, I expect a dramatic decline in engineering fees and royalties. This coupled with the dramatic decline in margins on plates, OEM with Fuji and Anitec, I have doubts as to whether PRst will even be profitable.
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