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

To: WinMar who wrote (7485)	12/24/1997 11:03:00 AM
From: Nanny	Read Replies (3) \| Respond to of 11098

NEWS RELEASE FOR IMMEDIATE RELEASE PRESSTEK AND FUJI SIGN AGREEMENT Hudson, NH, December 24, 1997 - Presstek, Inc. (NASDAQ: PRST) today announced that Presstek and Fuji Photo Film Co., Ltd. have signed the long-range Development and Sales Agreement which was announced on Wednesday, December 17, 1997. Presstek, Inc., founded in 1987, has developed PEARL a patented, proprietary non-photographic, toxic-free, digital imaging and printing plate technology for the printing and graphic arts industries on a worldwide basis. PEARL's thermal laser diode system is capable of imaging various types of Presstek printing plates either off-press or on-press to produce high quality, full-color lithographic printed materials. Presstek is also engaged in the development of additional products and applications that incorporate its proprietary PEARL technologies and consumables, including both computer-to-plate and other direct-to-plate applications. (The rest of the release is the safe harbor and for historical facts...etc... What this says is that the Dec. 17 announcement was agreement in principle and this release says the deal is signed, sealed and delivered. Little Stevie Wonder says....Here I am, Babe, signed, sealed and delivered. I'm yours, Whoa!!! This release says have signed the long-range Development and Sales Agreement. When Fuji says "long range" they're not talking about April options expiration date...... YOU GOTTA LOVE THAT PRESSTEK!!!!! How much can my stocking hold!!! I've asked for a scanner for Christmas!!! Merry Christmas! Nanny