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: Brent who wrote (9875)	8/21/1998 11:47:00 AM
From: SG	Read Replies (1) of 11098

Brent, you ask, " Please explain to me why having $24 million cash on hand is 'very bullish' for Presstek.". I will assume that you already know it is and want me justify why I said it. To say that a 24 million cash position is anything less than bullish would be a clear case of duh!!! This is at least 2.4 times the historical high over the last three years and as much as 16 times more than June/95. it represents 30% of book value and 25% of annual sales. 6/95 1.5mm 6/96 9.6mm 6/97 2.3mm 6/98 24.1mm Good luck to each and all SG

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