Presstek -- Stock of the Decade?? Message Board

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

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Jan 23 9:30 AM EST

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To: GVTucker who wrote (9829)	8/19/1998 10:14:00 AM
From: GVTucker	Read Replies (1) of 11098

In one of my posts from yesterday, I stated: << 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.>> In a subsequent conversation with Jane Miller today, she clarified this "Billing" item. While I was correct in stating that this would be a cash outflow over the next 6 months, Presstek has not yet recorded this revenue and income on its books.

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