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: SG who wrote (9870)	8/21/1998 10:27:00 AM
From: Brent	Read Replies (2) of 11098

Scott, <I think your estimates are just fine> I am afraid I didn't explain my example well enough. It was not my estimate for what will/could happen. It was, imo, almost a 'best case' scenario. Obviously it doesn't account for the unknown, such as the Alcoa deal actually turning into something, but it does utilize some pretty generous numbers. A P/E ratio of 40 and earnings 5 times higher than last Q. <I believe these are what ifs that are not included in your very fair and reasonable scenario.> What if's generally aren't priced into a stock. <I am still some what amazed by the amount of cash on hand (24 million) from a company that only shows 2 cents of earnings last Q. This is not the sign of an unhealthy company, in fact it is very bullish.> I think this another point for my case from yesterday regarding numbers. Please explain to me why having $24 million cash on hand is 'very bullish' for Presstek. Brent

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