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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Dec 5 9:30 AM EST

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To: Pierre Panet-Raymond who wrote (8001)1/27/1998 11:59:00 AM
From: SG  Read Replies (1) of 11098
 
Pierre, I agree that those are big shoes (you said " Since Heidelberg represented 83% of PRST's revenues in Q# '97") but lets not make them any bigger than need be, this from the latest 10Q;
Revenues generated under the Company's agreements with Heidelberger Druckmaschinen AG ("Heidelberg") and from Heidelberg distributors represented 79% and 75% of the Company's total revenues for the nine months ended September 27, 1997, and September 28, 1996, respectively.

There is no way that there are 500 kits (1,000 shipped by PRST less the 500 per Kendig) sitting un-used and paid for. The other question is have they been paid for, if not then there is still significant upside for the coming Q's I feel that any reduction in orders from heidelberg will be offset by sales of consumables. Thats the rub, trying to figure out how many presses and how much they consume. When will the plate sales overshadow the hardware sales and when that happens I would not want to be short. The Pearl-Gold plates will not be tied to any one press or manufacturer and the favorable news in DOTPRINT.COM seems to believe in the products.

Heidelberg is a public co. under the Frankfurt exchange, have they disclosed the number of installs or the dollar amount paid to PRST? Can this info be had?

SG
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