Presstek -- Stock of the Decade?? Message Board

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

PRST 0.0001000

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Sep 29 10:16 AM EST

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To: SG who wrote (9960)	9/18/1998 7:28:00 AM
From: GVTucker	Read Replies (2) of 11098

And, Scott, as usual, the bullish post says absolutely NOTHING about valuation. There is only one reference to the price of the stock: <<At this price level, going forward PRST is an easy play. Remember you can not get hurt very bad, falling out of a first floor window. >> Classic penny stock logic, and highly flawed. You lose just as much money seeing a $8 stock dropping to $4 as you do seeing an $80 stock drop to $40. The nominal price of a stock has absolutely nothing to do with the risk. Where, oh where, is NEIL these days? Even though his logic was highly flawed also, at least he tried to justify buying PRST from a valuation perspective.

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