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Technology Stocks : Presstek -- Stock of the Decade?? -- Ignore unavailable to you. Want to Upgrade?

To: paul abramowitz who wrote (7267)	12/13/1997 8:22:00 AM
From: E	Read Replies (3) \| Respond to of 11098

It's not "funny" to say a stock trades on anticipated earnings. It's standard. CMM continues to buy Presstek for new clients. That's saying a lot, since you know that they got a lot of grief (and orders to sell their Presstek shares) from clients who've lived through the drop from 200 and are impatient at how long it's taking the stock to come back. Even when the PearlGold wins a prize, you ridicule it. (Or is that Pierre?) So of course you think their plate is just so-so. And it lacks that pretty silver coating. Speaking of Pierre, Pierre, are you (/your company) out of your short position yet? Last time I recall you didn't mention it when you cleared that position, you just stopped posting so much. This reminds me that we haven't heard much from you lately, so I'm wondering if you've lowered or cleared your short position.

To: paul abramowitz who wrote (7267)	12/13/1997 3:58:00 PM
From: NEIL MACK	Read Replies (1) \| Respond to of 11098

Paul, I believe that 25 is your magic number post split? So...your amused and entertained from reading my post? Enjoy yourself.....for now. I'm not to amused right now. After buying a bunch more at 27 3/4, I received a small "margin call" from Thursdays close. Thought my margin basis permitted me to be lower than that. I must own more shares than I thought! Now, I would like to see the latest Bloomberg's 13F report on Presstek that indicates Mutuals have dramatically reduced, or sold all their shares. Please post your current edition. I show that as of 9-30-97, there are 70 institutions that control 11.38% of the outstanding shares. Management owns 20%....and there is 18% short. You state that Presstek products have had 3 years to be incorporated into other companies lines..... and have not done so..... It has only been the past year that the success of this technology has proven itself with Heidelberg. Others will soon follow. Paul....You give the impression from the following paragraph that Heidelberg is ending a relationship with Presstek......You know better! The initial increases were due to the backlog of orders....Production has now caught up with new orders and a decrease in kits is a result. Remember, Presstek went from 10 a month to 80 a month in one year.....so what if they drop back to 50 or 60? Your quote: "Mia copa, I guess I overestimated the importance of a customer MAKING UP 80% OF THE BUSINESS. Neil, how easy is it to find another customer that does almost 80 million of business. You most definately need to clarify the following: "I don't know Neil, but I have heard many individuals resigning to avoid being fired. Possible?" Paul, are you trying to indicate that Presstek is reducing staff or in any way cutting back on employment? Are you saying that key Presstek employees are resigning to avoid being fired? Whew Paul, if you are, you better have good sources for that one. I find the opposite is happening. Presstek continues to report additional employees in their filings. There are articals that indicate Presstek technology is leading edge. I have posted them and so have others.....go back and review. Alcoa and Nilpeter have both been featured lately in the trade journals. I have posted the information.....go back and review. Paul, the approximate production and sales numbers and the advertising direction worldwide regarding Heidelberg QMDI's are from many different print magaznes phone calls to other industry sources besides just Heidelberg Centers. It is quite clear you were not at Print-97 or at any of the 74-Karat press demos. I stayed around the site for quite some hours and listened to the printers and executives. I have previously posted information regarding the tremendous interest in this press and the 5000 plus responses that KBA/Scitex sent to printers and others that inquired about receiving information about this press. Also, there is a big shift of employees to the site that the new press is to be manufactured at. No idea of production numbers for 1998. You state: "Given the tremendous overcapacity in the plate manufacturing market, why would a competitor shift to Presstek's Catalina facility?" Paul, there will be a big move to thermal plate usage and also waterless printing. Presstek's facility which will use the new high speed vacuum technology for plate production promises to be extreamly low cost. I have no info that others are going to use this production method through Presstek, however, the likelihood of this occuring seems quite feasible. Kodak and Polychrome contracting with Presstek?.......hmmmm, wouldn't that be interesting? Neilism? Hey....not bad! I like it better than Paulism. As far as PEARLgold plate response, Time is short so I would like to address that on a seperate post at a later time. Neil

To: paul abramowitz who wrote (7267)	12/13/1997 9:09:00 PM
From: Nanny	Read Replies (1) \| Respond to of 11098

Paul, you state "I don't know Neil, but I have heard many individuals resigning to avoid being fired. Possible?" I've just had two different people ask me about this tonight. When are you going to learn that people honestly read these boards and think that everything said is actually a fact! You should either retract this statement or name your source and verify that this statement is in fact true before you go scaring people needlessly just so you can make a couple of bucks! That's the shame of all this bantering back and forth, when statements like this are being made and hurting people. I don't think there's any part of that statement true! To recklessly toss statements out like that without hard proof to back it up is unconscionable, in my way of thinking. I may come on here and tell you that I think this stock should be bought every day but I do not use scare tactics to entice people to my way of thinking. Are you a card carrying Democrat? They do things like this. They aren't ashamed of it and I'll bet you aren't either! Now, I hope others on this thread will insist that you either put up or shut up this time. One of the ladies that asked me about this said her daughter read it on the Internet. For her daughter to call her up to tell her about it, she must have not only believed it but she must have thought it could be something that could hurt her mother's investment. Now's when we find out what you're made of Paul. Put up or shut up. Retract that statement if you cannot verify it with something concrete! Your credibility is really riding on this one!!! Nanny

To: paul abramowitz who wrote (7267)	12/13/1997 9:16:00 PM
From: Thomas J Engelsma	Read Replies (3) \| Respond to of 11098

I think people are taking Paul's comment out of context -- What he was alluding to was Presstek retracting their exclusive agreement with Heidelberg in order to save face from losing to Kodak -- similiar to someone resigning to save face from being fired. Again, as far as I'm concerned that's bunk. (Can't believe I just defended you Paul -- tis the season ) Later, TOM

To: paul abramowitz who wrote (7267)	12/14/1997 12:03:00 AM
From: count gold	Read Replies (1) \| Respond to of 11098

dear paul; even if i agreed with your position on PRST (which i dont) i wud have a lot of trouble ploughing thru the hostility in your marathon message. Thru sheer perseverance i found a pearl in the muck: I DO agree with you that the company should break-out revenue from plates etc so that stockholders can make an infromed position on a very high P/E stock. Is it possible for the company to do this prior to next earnings report? Nanny/Neil: is there any reason why a company would prefer not to break out that info....seems to be a good time to do it...all things considered. Count G