Presstek -- Stock of the Decade?? Message Board

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Technology Stocks : Presstek -- Stock of the Decade??

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Sep 29 10:16 AM EST

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To: Pierre Panet-Raymond who wrote (7942)	1/22/1998 5:00:00 PM
From: SG	Read Replies (3) of 11098

Let me try to show you the error of your ways. Your fear mongering is really beginning to look a little thin. Q.<"An important contributor should be PEARLgold, which is expected to be in serial production by the middle of this year."> A.This means full tilt, including OEM production from the new factory lines build for this purpose. Q.<Sounds like more cost overuns here Neil. With only $4.8MM left in their line of credit and cash/investments down to around $5MM at the end of September, it sounds like the company might have to raise additional financing soon.> A. You act as though PRST is broke and has no sales. Even using your worst guess at sales and revenues, it should leave them with cash reserves. Q.<"This may result in the Company's future revenues from its Quickmaster imaging kit being subject to unpredictable quarterly fluctuations. "> A.With Fuiji standing in the wings, Scitex beginning production sales, Sakurai on line with existing sales of the PlateMaster, and Heidelberg still on line and selling both QM and GTO press's I fail to see the peril in ignoring your posts. This does not take into account the increased patents or the serial production sales (soon) from PEARLgold. If Heidelberg is such a problem check out their home page and tell me why the DI is all over the place. New readers may not know the DI press's have PRST plates in them but I do and so do you. These opinions can be quantified with basic DD. SG

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