Presstek -- Stock of the Decade?? Message Board

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

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Nov 28 9:30 AM EST

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From: guy leung	4/26/1996 6:58:00 PM
	of 11098

They took the stock up the first few minutes of trading then immediately took the stock down. Its low was about 130. Like I thought they could not get the stock below its recent lows. The stock has developed a range between 128 and 139. I'm taking my near term target up to 160. I don't think this stock would pause here this long just to get up to 150. Have you had a chance to look at the earnings yet. If you have, what do you think. If you annualize this quarters numbers, this would being the PE down below 300. I heard from someone that has been following the stock that they have a huge backlog and their earning won't kick in until 1997.

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