Presstek -- Stock of the Decade?? Message Board

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

PRST 0.0001000

0.0%

Sep 29 10:16 AM EST

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To: SG who wrote (10034)	10/7/1998 11:06:00 AM
From: GVTucker	Read Replies (1) of 11098

<< If this company were judged on these issues alone combined with the past growth performance to date then PRST would not be trading (bad market may have some impact) at the levels that it is today.>> Sure it would, Scott. Sequential revenue growth is zero. Using management's guidance from July, earnings will be $0.13/share for 1998, with sequential growth zero and year over year growth negative. So you're paying 60x earnings for no growth. It seems that the market has already more than discounted a recovery in both revenues and earnings next year.

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