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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Jan 29 9:30 AM EST

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To: SG who wrote (9928)9/4/1998 1:32:00 PM
From: Brent  Read Replies (1) of 11098
 
Scott,

Whoa! Slow down. That post wasn't an attack on you Scott, you just happen to be the last poster when I posed the question. I was looking for a yes/no answer from anyone who knows if Presstek has increased their 'expected' revenue from H'berg.

But as long as you said <I don't see this Q as an ugly potential at all.> We might as well discuss it.

If $26 million of H'berg's expected $29 million in revenues has already been received and the non-H'berg revenue continues on its growth rate ($10 million in Q1, $11 million in Q2, so $12 million in Q3), you won't consider that a bad Q?

There is serious potential here for Presstek to post a loss in Q3. You saw what lower margins did to earnings (.10 to .02). Imagine what $5 - $10 million less in revenue would do to the earnings. Regardless of how well you know Presstek, its products, and its patents, a loss will knock PRST into the low single digits. Heck, it could hit Paul's target of $2.

Brent
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