Presstek -- Stock of the Decade?? Message Board

STOCKTALK

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 0.0001000

0.0%

Jan 23 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SG who wrote (9825)	8/18/1998 2:30:00 PM
From: GVTucker	Read Replies (3) of 11098

More important than your news that PRST signed a contract worth about fifteen cents a share in revenues is that the 10-Q was released. the most significant item was an increase in the liability, "Bilings in excess..." once again. This liability is now up to $7.6mm. PRST says that this liability is for both Delta V equipment and Fuji equipment. PRST apparently has recorded this revenue and income and has a cash outflow due over the next 6 months. On a positive note, PRST is now providing sufficient information to make projections for the next 6 months. These numbers appear to be consistent with those provided in the conference call. BTW, Scott, does it worry that Presstek appears to feel obligated to issue a press release about such a small contract?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next