Presstek -- Stock of the Decade?? Message Board

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

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Nov 21 9:30 AM EST

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To: SG who wrote (9673)	7/14/1998 1:57:00 AM
From: James C. Shircliff	Read Replies (1) of 11098

Scott G says: "I am at a loss to see the false and hyped information that you cling to." and "Cabot's projections were a bit early and I believe those numbers will start to unfold with the Q2 earnings release." Uh, Scott ... Nice try. Let me refresh your memory. The Cabot Market letter of June 7, 1996 projected $40 per share (presplit) earnings for next year. And a P/E of 40x for a stock price of $1600 presplit for next year! And you see those numbers starting to unfold next quarter? False and hy-p/e d information still flows from the mouths of the bulls ... The bears' projections were smack on the mark and the bulls missed by a factor of 100x. Cognitive dissonance if ya ask me.

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