SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Sep 29 10:16 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SG who wrote (7801)1/14/1998 11:28:00 AM
From: Brent  Read Replies (1) of 11098
 
SG, No I haven't seen, smelt or felt it. Don't need to. I know it is a wonderful machine. But that has absolutely no bearing on my decision. The wonderful machine that it is won't sell enough to support the price of PRST. That is why the stock has come down so much and probably has more to go. I do think you will get a rally after Q4 numbers come out, but when Q1 98 numbers come out I think PRST (the stock) will be in trouble.

BTW, I am not currently short PRST, but will probably go short on that rally after Q4 numbers.

How can you compare the management suit to the short suit? Management misled you and they are still running the company. Could they be misleading you as we speak? I know that is what institutional investors are thinking. Those 3 shorts did some bad things, but it is over and they don't have anything to do with the company or its stock in the future. And even if PRST wins the case, that does nothing for the revenues, income or future of PRST.

Good luck,
Brent
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext